China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc AMZN looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account.
China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed.
Also Read: Microsoft Brings Down Curtains On LinkedIn China
Amazon would also stop supplying resellers with its Kindle reader, effective immediately.
China had previously banned outspoken business leaders from social media sites.
Companies like Microsoft Corp MSFT and Intel Corp INTC also had gone softer in their approach toward China.
Price Action: AMZN shares closed higher by 1.23% at $2,433.68 on Wednesday.
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