Amazon is planning to shut its Chinese market place Amazon.cn and its customers in the country will no longer be able to buy items from Chinese merchants, according to various media reports.
“We are notifying sellers we will no longer operate a marketplace on Amazon.cn and we will no longer be providing seller services on Amazon.cn effective July 18,” the company said in a statement, referring to its Chinese-language site, according to the Financial Times.
However, the US firm will continue operating other services in China like the Amazon Web Services.kindle e-books and cross border teams that facilitate the shipping of goods from Chinese merchants to customers worldwide.
According to a report by Bloomberg, the company’s Chinese website will only have diminished offerings sourced from its global network starting from July 18th.