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Friday, October 28, 2016

Amazon Prime in China

Will be interesting how this plays out.  I will be particularly interested in how it creates new channels to China.

Amazon Prime arrives in China to further challenge Alibaba
What will Jack Ma do? ... With over 63 million people already paying for Prime, Amazon is now expanding its subscription service to one of the largest marketplaces in the world: China. The retailer has announced that mainland users can now enjoy free, unlimited shipping on millions of domestic items, as well as others from the special "overseas orders" category. As part of a promotion that lasts until February, Amazon is offering the membership for $188 yuan (around $30) for the first year. Once this rate ends, Prime will cost 388 yuan (about $60) every 12 months.  ... " 

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