Amazon just launched a lending service in China while shuttering its local marketplace

Amazon just launched a lending service in China while shuttering its local marketplace

Rex Curry | Reuters Jeff Bezos, CEO of Amazon, speaks at the George W. Bush Presidential Center’s Forum on Leadership in Dallas, Texas, April 20, 2018. Amazon may be closing its marketplace in China, but it’s still aggressively pursuing growth in the country with a new lending service that could help bolster its sprawling seller community there. The program is called Lending Referral Program, according to a post in Amazon’s sellers forum, which is only open to merchants doing business on the site. Screenshots of the post were viewed by CNBC. Amazon picks and connects prequalified sellers with a […]

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