Amazon has moved remarkably slowly in China – it entered China through the acquisition of in 2004, a Chinese online shopping website in 2004. Its other services, including Amazon Web Services and Kindle stores, will continue. ![]() JD.com intended to invest in a distribution network across Australia but it appears that JD.com is consolidating resources amidst plans to invest in talent in 2019.Īmazon China also announced that it would cease operations of its Amazon.cn marketplace on 18 July. JD.com said that it would continue to work with its current Australian and New Zealand partners including Austrade (the Australian Trade and Investment Commission) and Australia Post, but that its operations would be overseen by its offices in China. JD.com is pulling out of Australia after establishing an office in Melbourne in February 2018 to great fanfare. ![]() But it seems that its luster may be fading just ever so slightly – JD.com and Amazon have recently registered significant setbacks. You might be accustomed to reading about the successes of Chinese ecommerce companies and of how the Chinese ecommerce market is hitting new records every other quarter. Plus, ad fraud remains a major problem in China, as exemplified by the recent ‘RedEye’ ad fraud operation and tech giants Tencent and Bytedance are preparing to go toe-to-toe in the gaming sector. This month, we look at some recent movements in Chinese ecommerce, including the withdrawal of Amazon from China, and the results from JD.com’s massive 618 holiday sale.
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