Amazon close its Chinese platform
News you want to use week 17.
Amazon is pulling the plug on its e-commerce marketplace for third-party sellers in China. The decision follows a long struggle by American e-commerce companies in the country, who have fallen behind China’s faster shopping rivals. According to a statement from Amazon, it will no longer operate its third-party online marketplace or provide seller services on Amazon.cn from July 18th. As such, domestic companies will no longer be able to sell products to Chinese consumers on the platform.
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