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Amazon is planning to close its marketplace for Chinese consumers



  Amazon founder and Washington Post owner Jeff Bezos speaks during the opening ceremony of the media company's new location.

Chip Somodevilla Getty Images News | Getty Images

Amazon founder and Washington Post owner Jeff Bezos speaks during the opening ceremony of the media company's new location.

Amazon plans to close its domestic marketplace business in China in mid-July, telling people who are familiar with the Reuters case on Wednesday, focusing on efforts on their more lucrative businesses selling overseas goods and shooting services in the world's most populous countries.

Customers in China will no longer be able to buy goods from other third-party merchants in the country, but they will still be able to order from the US, UK, Denmark and Japan via Amazon's global store. Amazon expects to close fulfillment centers and compete against domestic market support in China for the next 90 days, one of the people said.

Consumers in China will still be able to buy Kindle e-readers and online content, the sources said because of anonymity. Amazon Web Services, its cloud unit that sells data storage and computing power to businesses, also remains.

The company's Chinese market, which has stock products from Chinese and foreign merchants, is struggling to gain a foothold in the country's highly competitive e-commerce market. Consumer Insight The company iResearch Global said Alibaba's Tmall marketplace and JD.com had 81.9 percent of the Chinese market last year.

Amazon, the world's largest online store, bought the local Chinese online store Joyo.com in 2004 for $ 75 million and rebranded it as Amazon China in 2011.

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