Amazon China
Type of site | Online shopping |
|---|---|
| Available in | Chinese |
| Slogan(s) | 天天低价 正品行货 |
| Website | amazon.cn |
| Alexa rank |
 134 (Sept 2016)[1] |
| Commercial | Yes |
| Launched | August 1998 |
Amazon.cn (Chinese: 亚马逊中国), formerly Joyo.com (Chinese: 卓越网) and Joyo Amazon (卓越亚马逊), is a Chinese shopping website located in Beijing. In 2004, it was acquired by Amazon.com.
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 as one 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 parent company's investment.
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. And April 2003, started to provide service in Guangzhou.
In the same month, Joyo.com became profitable. In September, Joyo got $52 million investment from Tiger Management. Since then, Joyo expands 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 "卓越网" (Joyo Network) to "卓越亚马逊" (Joyo Amazon).
On October 27, 2011, Amazon China's Chinese name was changed from 卓越亚马逊 (Joyo Amazon) to 亚马逊中国 (Amazon China).[2]
References
- ↑ "Amazon.cn Site Info". Alexa Internet. Retrieved 2016-09-01.
- ↑ "Joyo Amazon was renamed to Amazon China" (in Chinese). NetEase. October 27, 2011. Retrieved October 27, 2011.