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Benzinga

Politics

Anusuya Lahiri

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon Kindle China Nasdaq Amazon.com Inc. Microsoft Intel Corporation LinkedIn Microsoft Corp WeChat

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account.
China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed.
Also Read: Microsoft Brings Down Curtains On LinkedIn China
Amazon would also stop supplying resellers with its Kindle reader, effective immediately.
China had previously banned outspoken business leaders from social media sites.
Companies like Microsoft Corp (NASDAQ: MSFT) and Intel Corp (NASDAQ: INTC) also had gone softer in their approach toward China.
Price Action: AMZN shares closed higher by 1.23% at $2,433.68 on Wednesday.
Photo via Wikimedia Commons

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