Amazon to sharpen focus on India after running into China wall
- Amazon is shuttering its China business after struggling to compete with local rivals such as Alibaba and JD.com
- Jeff Bezos' firm stands a better chance in India as e-commerce here is dominated by Amazon and Walmart-Flipkart
Bengaluru: Amazon.com Inc.’s retreat from China will allow the e-commerce giant to free up resources to sharpen its focus on India, its largest market outside of the US. The Seattle-based company will shut down its Chinese marketplace business, while shifting its focus to offer mainland consumers overseas products rather than goods from local sellers, says a Bloomberg report.
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