The Fort Worth Press - Amazon to close Kindle e-bookstore in China

USD -
AED 3.672945
AFN 68.452776
ALL 93.048382
AMD 390.177793
ANG 1.816976
AOA 912.000099
ARS 998.254804
AUD 1.545095
AWG 1.8
AZN 1.698032
BAM 1.853558
BBD 2.03554
BDT 120.47462
BGN 1.854815
BHD 0.376842
BIF 2977.069937
BMD 1
BND 1.347372
BOB 6.966716
BRL 5.8066
BSD 1.008198
BTN 85.007628
BWP 13.679442
BYN 3.299388
BYR 19600
BZD 2.031743
CAD 1.40115
CDF 2865.00001
CHF 0.886796
CLF 0.035848
CLP 989.153355
CNY 7.2386
CNH 7.250155
COP 4485.54
CRC 514.803442
CUC 1
CUP 26.5
CVE 104.500739
CZK 23.960302
DJF 179.528977
DKK 7.067495
DOP 60.720649
DZD 134.172669
EGP 49.290223
ERN 15
ETB 123.045036
EUR 0.94761
FJD 2.27535
FKP 0.788182
GBP 0.78774
GEL 2.73022
GGP 0.788182
GHS 16.275027
GIP 0.788182
GMD 71.000353
GNF 8626.906515
GTQ 7.732614
GYD 209.363849
HKD 7.782585
HNL 25.442281
HRK 7.13329
HTG 132.50221
HUF 386.996975
IDR 15903.429748
ILS 3.75444
IMP 0.788182
INR 84.41005
IQD 1320.093319
IRR 42092.497378
ISK 139.679665
JEP 0.788182
JMD 159.538871
JOD 0.709096
JPY 155.855499
KES 129.000177
KGS 86.2029
KHR 4082.940274
KMF 466.349913
KPW 900.000082
KRW 1405.409479
KWD 0.30779
KYD 0.833937
KZT 496.700918
LAK 22131.335237
LBP 89600.701953
LKR 294.541861
LRD 189.957415
LSL 18.103174
LTL 2.95274
LVL 0.60489
LYD 4.882485
MAD 10.020131
MDL 18.159255
MGA 4702.502532
MKD 58.284107
MMK 2097.999942
MNT 3397.999993
MOP 8.017648
MRU 40.117279
MUR 47.429998
MVR 15.450179
MWK 1747.434509
MXN 20.575145
MYR 4.487941
MZN 63.899993
NAD 18.103174
NGN 1684.120018
NIO 37.087736
NOK 11.14889
NPR 135.978578
NZD 1.705044
OMR 0.385012
PAB 1
PEN 3.819421
PGK 4.022654
PHP 58.845999
PKR 278.051027
PLN 4.117614
PYG 7864.722013
QAR 3.674102
RON 4.718904
RSD 110.930976
RUB 98.496748
RWF 1383.186748
SAR 3.757331
SBD 8.383555
SCR 13.631406
SDG 601.506863
SEK 10.988925
SGD 1.346361
SHP 0.788182
SLE 22.815025
SLL 20969.515392
SOS 575.878195
SRD 35.280301
STD 20697.981008
SVC 8.756103
SYP 2512.529926
SZL 18.108875
THB 35.068502
TJS 10.662352
TMT 3.51
TND 3.147935
TOP 2.38999
TRY 34.34961
TTD 6.800372
TWD 32.596799
TZS 2655.000038
UAH 41.343768
UGX 3672.512403
UYU 42.486895
UZS 12811.433733
VES 44.996696
VND 25396.829083
VUV 118.722046
WST 2.800822
XAF 621.928199
XAG 0.033254
XAU 0.000391
XCD 2.70255
XDR 0.753908
XOF 621.928199
XPF 113.14122
YER 249.774976
ZAR 18.26826
ZMK 9001.200197
ZMW 27.374927
ZWL 321.999592
  • RYCEF

    -0.0400

    7.07

    -0.57%

  • CMSC

    0.0700

    24.61

    +0.28%

  • SCS

    -0.3000

    13.37

    -2.24%

  • GSK

    -0.4100

    35.11

    -1.17%

  • VOD

    0.2800

    8.75

    +3.2%

  • BTI

    0.1800

    35.42

    +0.51%

  • AZN

    0.1000

    65.29

    +0.15%

  • NGG

    -0.7800

    62.12

    -1.26%

  • RBGPF

    59.2500

    59.25

    +100%

  • RIO

    -0.5800

    60.62

    -0.96%

  • CMSD

    -0.0200

    24.73

    -0.08%

  • BP

    0.4100

    28.57

    +1.44%

  • BCE

    -0.4800

    27.21

    -1.76%

  • JRI

    0.0200

    13.24

    +0.15%

  • BCC

    1.4200

    142.55

    +1%

  • RELX

    -0.4700

    46.12

    -1.02%

Amazon to close Kindle e-bookstore in China
Amazon to close Kindle e-bookstore in China / Photo: © GETTY IMAGES NORTH AMERICA/AFP/File

Amazon to close Kindle e-bookstore in China

US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.

Text size:

The e-commerce pioneer has in recent years appeared to admit defeat to local Chinese rivals such as Alibaba and JD.com, ending its online retail operations for Chinese consumers in 2019.

Amazon's decision to pull the Kindle service comes about eight years after it first set up an official store for the e-book reader on Alibaba's Tmall platform.

"Amazon will stop operating its Kindle e-bookstore in China a year from now on June 30, 2023," the company said Thursday in a statement on Chinese social media platform Weibo.

This means that customers can no longer buy new e-books, although those that have been purchased can still be downloaded until June 2024 and will remain readable afterwards, it said.

It did not give a reason for ending the service, but said its remaining China businesses would "continue to innovate and invest".

"As a global business, we periodically evaluate our offerings and make adjustments, wherever we operate," it added.

Customers can still buy Kindle devices from other Tmall retailers, but not from its official online store.

Amazon said in a separate notice that although it announced "the adjustment of Kindle-related business in China", this does not change its long-term commitment to the market.

"Millions of Kindle reading devices" were sold in China between 2013 and 2018, according to state media outlet China Daily.

The report added that by end-2016, China became the biggest market for these devices.

Kindle's exit is the latest among global brands, after US internet services giant Yahoo! pulled out of mainland China last year and Microsoft said it would close its career-oriented social network LinkedIn in the country.

Microsoft cited a "challenging operating environment" as Beijing tightened control over tech firms.

While e-commerce is very popular with Chinese consumers, Amazon has struggled to make headway in the country.

Local competitors such as Alibaba and JD.com have capitalised on their supplier networks and understanding of Chinese consumers to gain market share, before Amazon could acquire a foothold.

Asked about Kindle's exit, Chinese commerce ministry spokesman Gao Feng said was "normal... to adjust products and services according to market development".

Amazon has more than 10,000 staff and offices in 12 cities across China including Beijing, Shanghai, Hangzhou and Shenzhen, the company said.

H.M.Hernandez--TFWP