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Amazon Expands China Operations By Setting Up Facilities In Shanghai Free Trade Zone

August 20, 2014: 12:00 AM EST
Amazon.com, Inc. is expanding its operations in China by establishing its presence in the Shanghai Pilot Free Trade Zone. Based on its deal with the zone operator, Shanghai Information Investment Inc., Amazon will set up its China headquarters in the free trade zone. Also, the company hopes its move will enable it to increase its customer base in the country. Amazon will also establish a warehouse so it can increase exports from Chinese companies, Shanghai Municipal said. Amazon, however, faces strong competition from Alibaba’s ecommerce stores Tmall and Taobao.
Larry Darrell, "Amazon Ramps Up China Presence", Bidness, August 20, 2014, © Bidness Etc
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