Amazon is closing its Kindle store in China

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Amazon is closing its Kindle store in China
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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 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.

Read MoreAirbnb is closing its listings business in ChinaLast October, LinkedIn said that it would shut down the local version of its platform in China, citing a"significantly more challenging operating environment" and compliance hurdles.The platform, which is owned by Microsoft , decided to introduce an all-new, even more localized service, called InJobs.

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