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Amazon Surrenders in China
- lettergram 8y agoLet’s be clear, the government gives an advantage to home grown companies. Of course Amazon can not compete
- HeWhoLurksLate 8y agoMoral of the story- if you don't have local (government, sure, but also populace) support, it doesn't matter how big you are- TaoBao, AliExpress, etc. are China-first, locally built platforms that already had a foothold before Amazon showed up. Also, business models- in my experience, Ali, and especially TaoBao are really open to drop-shipping and the like, which means that they don't need quite as many warehouses as Amazon.
- Leary 8y agoWith its minimalist website design, Amazon failed to adopt to Chinese consumer tastes. It also lacks its own payment system akin to Alipay.