PALO ALTO, U.S./SHANGHAI -- Amazon on Thursday announced its online shopping withdrawal from China after 15 years. The e-commerce giant is expected to focus more on India, which it sees as a growing Asian market.
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Amazon to shut down third-party shopping site in China
E-tail giant no match for Alibaba and JD.com in second largest consumer market
Amazon entered China in 2004 by purchasing a local e-commerce player but has struggled to compete against rivals. (Nikkei montage)
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