Various blockchain projects with unclear entanglements in virtual currency reportedly served as the revenue pillars for Amazon Cloud Services (AWS) in China. Amazon China was using a well-designed system to hide these projects under the guise of AWS.
In response to market rumors that Kindle is shutting down, out of stock, and may be preparing a withdrawal from China, Amazon's domestic representatives responded on Tuesday.
Amazon is back with plans to open another online store on Pinduoduo, the latest e-commerce disruptor, challenging the industry’s status quo with year-round discounts, group buying and a shrewd focus on China’s underrepresented lower tier cities.
Amazon China’s Prime Day was held on July 15 and 16, soon after the company closed its cooperation with third party vendors.
Since July 1, Amazon China no longer sells its own paper books, and third party paper books will also be taken down from shelves starting July 18.