We’ve all heard the adage, “Where one door closes, another one opens.” In this week’s e-commerce news, Amazon closes a door in China and opens one in your garage — literally.
In the News:
- Faced stiff competition from Alibaba’s Taobao and JD.com, which have upped their game
- Company will focus on “cross-border” selling to Chinese consumers from other countries
- Amazon.cn marketplace to close July 18