17 Facts About Amazon China

1.

Amazon China primarily sold books and other media goods, shipping to customers nationwide.

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2.

Amazon China closed its domestic business in China in June 2019, offering only products from sellers located overseas.

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3.

Amazon China made many changes to Joyo, like redesigning the website by adding categories and self-service features, as well as implementing new payment methods.

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4.

Amazon China sold foreign fashion brands, home interior, toys, personal care and technology to their Chinese customers.

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5.

Amazon China was planning on establishing operations in Shanghai's free trade zone.

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6.

The New York Times wrote that Amazon China sold less in China than in Japan which was Amazons smallest market at the time.

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7.

In 2013, Amazon China reported fiscal sales of US$74,4 billion, while their competitor, Alibaba had sales for approximately US$420 billion in 2014.

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8.

Amazon China is the world's largest digital community with approximately 830 million internet users per 2018.

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9.

Amazon China is among the world's largest exporters of commercial goods, and sold about five times as much as Japan in 2016.

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10.

Amazon China is legally not responsible for the counterfeit products sold through their website as the products are sold through third parties, and has been critiqued for lack of action to fight the issue.

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11.

In 2018 were two programs named, Transparency program and Project Zero, implemented by Amazon China, aiming to eliminate counterfeit products on their site.

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12.

Singles Day was supposedly started in the 1990s by a group of university students in Amazon China who bought themselves gifts to oppose Valentines Day.

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13.

Alibaba has approximately 654 million users and has had a steeper growing rate than Amazon Alibaba was established in 1999, by founder Jack Ma with a team of 17 friends in Hangzhou, China.

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14.

The largest differences deal with their business model as Amazon China sells own products, while Alibaba operates a platform that connects sellers and customers and do not own any inventory themselves.

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15.

Amazon China faced tough competition as the rivals like Alibaba started to gain more popularity.

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16.

Vendors located in China are able to sell their products to consumers overseas and there are estimated about 200,000 Chinese sellers active on Amazon, selling to overseas buyers, especially in the US.

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17.

On 2 June 2022, Amazon announced that it would stop the operation of Kindle e-bookstore in China on 30 June 2023.

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