(MSFT), decided to introduce an all-new, even more localized service, called InJobs. The platform, which is owned by Microsoft Last 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. iStock/Getty ImagesĪirbnb is closing its listings business in China London, UK - July 31, 2018: The buttons of the travel app Airbnb, surrounded by Amazon, ebay, News and other apps on the screen of an iPhone. Starting this summer, guests will no longer be able to make bookings in China. 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. The move adds to a series of corporate withdrawals from China in recent months. “We have established an extensive business foundation in China and will continue to innovate and invest.” “Amazon China’s long-term commitment to customers will not change,” the Seattle-based firm said in a statement. (AMZN) also said it would stop supplying Kindle devices to retailers starting Thursday. The company announced Thursday that starting July 2023, Kindle users will not be able to buy online books in the country.Įxisting customers will be able to download previously purchased titles until June 2024. Amazon is shutting down its Kindle bookstore in China, marking another retreat by a Western tech giant in the world’s second biggest economy.
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