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Amazon says will not operate China marketplace site from July 18

beijingwalker

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Amazon says will not operate China marketplace site from July 18
Wednesday, April 17, 2019 11:05 p.m. CDT
2019-04-18T040548Z_3_LYNXNPEF3H06W-OUSBS_RTROPTP_3_BUSINESS-US-AMAZON-COM-CHINA-STATEMENT.JPG

SAN FRANCISCO/SHANGHAI (Reuters) - Amazon.com Inc on Thursday said it is notifying sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website, Amazon.cn, from July 18.

"We are working closely with our sellers to ensure a smooth transition and to continue to deliver the best customer experience possible," a spokeswoman told Reuters in a statement.

"Sellers interested in continuing to sell on Amazon outside of China are able to do so through Amazon Global Selling."

https://whbl.com/news/articles/2019...-operate-china-marketplace-site-from-july-18/
 
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Why are some of the top American companies like UBER, Amazon, Google, Apple not successful in China ?
 
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Uneven playing field and ipr theft. They just blatantly copy and then shove the foreign companies out.
 
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Why are some of the top American companies like UBER, Amazon, Google, Apple not successful in China ?
Amazon stands no chance against Taobao, Alibaba and JD..

China accounts for 40 percent of global ecommerce transactions
Chinese giants Alibaba and Tencent have greatly empowered the development of digital trading in China, making the country the largest ecommerce market globally for consecutive years in terms of trading value.

By Cyrus Lee | May 30, 2017 -- 23:34 GMT (07:34 GMT+08:00) | Topic: E-Commerce

China remains the world's largest ecommerce trading market, where transactions through unconventional e-platforms reached 26.1 trillion yuan last year, up 19.8 percent from the previous year, according to a Sina news report citing data from the Ministry of Commerce.

The value of China's ecommerce market accounted for 39.2 percent of the global market as of the end of 2016, making it the largest globally for consecutive years, according to the report.

The ecommerce-related services market also reached 2.45 trillion yuan in 2016, up 23.7 percent from the previous year.

The report indicated that the scale of online shopping users, value of ecommerce transactions, and the number of employees served in ecommerce sectors all reported steady growth in China last year.

In China last year, the number of internet users reached 731 million, accounting for 53.2 percent of the country's entire population. Online shopping consumers reached 467 million, or 63.8 percent of internet users, which also increased 12.9 percent over the end of 2015.

The number of users who used mobile phones to place orders reached 441 million as of the end of 2016, taking up 63.4 percent overall mobile internet users and registering an annual growth rate of 29.8 percent, the report added.

The explosive growth of China's ecommerce sector over the past few years was a result of fast expansion of Alibaba's Taobao and Tmall marketplaces, as well as JD.com, which is backed by another Chinese technology giant Tencent.

According to the report, the most traded goods among Chinese e-platforms are clothing, home furnishings, electronic appliances, mobile phones, digital goods, food and drink, and baby products.

https://www.zdnet.com/article/china-accounts-for-40-percent-of-global-ecommerce-transactions/
 
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Amazon stands no chance against Taobao, Alibaba and JD..

China accounts for 40 percent of global ecommerce transactions
Chinese giants Alibaba and Tencent have greatly empowered the development of digital trading in China, making the country the largest ecommerce market globally for consecutive years in terms of trading value.

By Cyrus Lee | May 30, 2017 -- 23:34 GMT (07:34 GMT+08:00) | Topic: E-Commerce

China remains the world's largest ecommerce trading market, where transactions through unconventional e-platforms reached 26.1 trillion yuan last year, up 19.8 percent from the previous year, according to a Sina news report citing data from the Ministry of Commerce.

The value of China's ecommerce market accounted for 39.2 percent of the global market as of the end of 2016, making it the largest globally for consecutive years, according to the report.

The ecommerce-related services market also reached 2.45 trillion yuan in 2016, up 23.7 percent from the previous year.

The report indicated that the scale of online shopping users, value of ecommerce transactions, and the number of employees served in ecommerce sectors all reported steady growth in China last year.

In China last year, the number of internet users reached 731 million, accounting for 53.2 percent of the country's entire population. Online shopping consumers reached 467 million, or 63.8 percent of internet users, which also increased 12.9 percent over the end of 2015.

The number of users who used mobile phones to place orders reached 441 million as of the end of 2016, taking up 63.4 percent overall mobile internet users and registering an annual growth rate of 29.8 percent, the report added.

The explosive growth of China's ecommerce sector over the past few years was a result of fast expansion of Alibaba's Taobao and Tmall marketplaces, as well as JD.com, which is backed by another Chinese technology giant Tencent.

According to the report, the most traded goods among Chinese e-platforms are clothing, home furnishings, electronic appliances, mobile phones, digital goods, food and drink, and baby products.

https://www.zdnet.com/article/china-accounts-for-40-percent-of-global-ecommerce-transactions/
Has this effected the small stores?
 
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Has this effected the small stores?
Don't know, must have some, but I don't see stores of all sizes being affected much in Beijing. Almost all low end whole sale markets had been moved out of Beijing, but that's Beijing's local government policy after a big fire destroyed a big whole sale furniture market and killed a dozen of people a couple of years ago.
 
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China's success lies in growing indigenous solutions on all fronts. Amazon gets fierce competition from Alibaba and other retail chains.
 
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Don't know, must have some, but I don't see stores of all sizes being affected much in Beijing. Almost all low end whole sale markets had been moved out of Beijing, but that's Beijing's local government policy after a big fire destroyed a big whole sale furniture market and killed a dozen of people a couple of years ago.
In India these online stores undercut the local stores due to tax differential and are quite unpopular with the businesses. Modi has recently made some changes to level the playing field.
 
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In India these online stores undercut the local stores due to tax differential and are quite unpopular with the businesses. Modi has recently made some changes to level the playing field.
In Chna almost all physical stores also have their own online stories, the physical stores also serve as a warehouse or a logistic station where they can quickly distribute and deliver goods to the local customers.
 
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There are 2 reasons for that:-
1. Local companies that have already established their foothold;
2. Strict laws that force MNC to follow practices, sometimes unethical, which they rarely do elsewhere.

For example, Google was asked to provide the data with the govt and to develop a new search engine for China called Dragonfly from which user data will be shared with govt. Now because of this Google came under a lot of pressure from other countries and even from its own employees in USA and had to drop the plans, thus not able to not gain a foothold.

While some demands of Chinese govt are outright unfair (yes they are similar for local companies too), atleast to people and govt. of other countries, they also show the control that govt is able to exercise over the market.

I am glad slowly my own govt is also opening up its eyes to this issue and has put in place its own demands and we can see that MNC's have no choice but to comply. F*** the popular opinion of western media that it hampers business operations, if u wanna operate in our market, it will be on our conditions.

That said, I wouldn't expect my govt to lay down the same conditions that PRC does including sharing user data with the govt.
 
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In India these online stores undercut the local stores due to tax differential and are quite unpopular with the businesses. Modi has recently made some changes to level the playing field.
Do you know pubg is Chinese? :)
 
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