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Amazon is shutting down its Kindle bookstore in China, marking another retreat by a Western tech giant in the world's second biggest economy.
The company announced Thursday that starting July 2023, Kindle users will not be able to buy online books in the country.
Existing customers will be able to download previously purchased titles until June 2024. Amazon (AMZN) also said it would stop supplying Kindle devices to retailers starting Thursday.
"Amazon China's long-term commitment to customers will not change," the Seattle-based firm said in a statement. "We have established an extensive business foundation in China and will continue to innovate and invest."
The move adds to a series of corporate withdrawals from China in recent months. Last week, Airbnb (ABNB) announced that it would take down all its listings in the country and concentrate instead on outbound travelers, saying that it had incurred mounting costs that were made worse by Covid-19. Starting this summer, guests will no longer be able to make bookings in China.
View more at https://edition.cnn.com/2022/06/03/tech/amazon-closing-kindle-store-china-intl-hnk/index.html
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