Amazon to Shut China Kindle Store After Years-Long Struggle
- The company has failed to compete against local players
- Says pullout was not due to censorship or government pressure
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Amazon.com Inc. will shut its Chinese ebook store next year, pulling a small but prominent business from a market where it’s failed to make major inroads against local rivals.
The e-commerce giant will discontinue the Kindle eBook store on June 30, 2023, a spokesperson said in an emailed statement. It promised to continue supporting Kindle readers or refund any device purchases made after January this year.