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Wednesday, July 25, 2018

Amazon China is Battling to Find its Place on the Chinese E ...
src: ecommercechinaagency.com

Amazon.cn (Chinese: ?????), formerly Joyo.com (Chinese: ???) and Joyo Amazon (?????), is a Chinese online shopping website located in Beijing, China. In 2004, it was acquired by Amazon.


Video Amazon China



History

Original

Joyo.com was an IT information service and download website before 2000.

Joyo was founded by Kingsoft in August 1998, while Joyo.com became a website in February 1999.

At that time, Joyo was a subsidiary of Kingsoft, had only five employees, but in half a year, it became the 33rd-largest Chinese website, and published a CD of software.

Online bookstore

Kingsoft decided to make Joyo.com into an online bookstore in 1999, when the Internet in mainland China was far behind developed. Joyo's operational expenses were hardly covered but mainly relied on the parent company's investment.

In 1999, Joyo.com started trial operation with only 5 employees. But Joyo.com, as a set-up company, had a mission to become "the biggest and best Chinese website". Half a year later, Joyo.com became a well-known website by successfully launching several its offline software service CDs.

Joyo.com stopped providing download services and IT information in 2000 and released a new online bookstore website at the same time.

Initially, Joyo was only able to provide the online bookstore service in Beijing. In December, Joyo started to provide service in Shanghai. In April 2003, started providing service in Guangzhou.

In the same month, Joyo.com became profitable. In September, Joyo got $52 million in investment from Tiger Management. Since then, Joyo has expanded their business to general merchandise, and has sold commodities.

Amazon

Amazon.com took over Joyo for $75 million on August 19, 2004. It became the 7th regional website of Amazon.com after U.S., Canada, France, Germany, Japan, and United Kingdom.

On June 5, 2007, "joyo.com" was renamed to "amazon.cn" and its Chinese name was switched from "???" (Joyo Network) to "?????" (Joyo Amazon).

On October 27, 2011, Amazon China's Chinese name was changed from ????? (Joyo Amazon) to ????? (Amazon China).

Operation centres

Amazon.cn has built 15 operation centres so far, in:

  • Beijing
  • Shanghai
  • Tianjin
  • Suzhou
  • Guangzhou (two)
  • Chengdu (two)
  • Wuhan
  • Shenyang
  • Xian
  • Xiamen
  • Kunshan
  • Jinan
  • Harbin

Maps Amazon China



References


Amazon in China Try to Regain Shares - Marketing China
src: www.marketingtochina.com


External links

  • Official website


Source of article : Wikipedia