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Amazon will reportedly close its Chinese online store

Shoppers in the world's most populous nation won't be able to buy from local sellers from July, Reuters reported.

In this photo illustration a American electronic commerce

Amazon is reportedly downsizing its e-commerce operations in China.

Budrul Chukrut/SOPA Images/LightRocket via Getty Images

Amazon will shut its online store in China by July 18, a report said Thursday,

It'll mean shoppers in the most populous country (with 1.4 billion people) in the world won't be able to buy from local sellers, but can still order from the US, Britain, Germany and Japan via the Amazon's global store, according to Reuters.

The e-commerce giant will also continue to operate its lucrative cloud computing business -- Amazon Web Services -- in the country, but its move away from local retail highlights the intense competition it faces from Alibaba and, the outlet reported. Those local rivals apparently held 82% of the Chinese market in 2018.

Amazon bought Chinese book, music and video retailer for $75 million in 2004 and rebranded the company as in 2007, the BBC noted.

The company didn't immediately respond to a request for comment.

First published at 5:31 a.m. PT.
Updated at 6:06 a.m. PT: Adds more details.

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