Amazon to exit China as Chinese partner offers to sell cloud services unit in $300 million deal
Posted in: blogAmazon.com Inc’s Chinese partner, Beijing Sinnet Technology Co, said it would purchase Amazon’s Chinese web services business for up to 2 billion yuan ($301 million), ending the US firms’s cloud-computing business in the country. Sinnet, which began operating the Amazon services in August 2016, said in a filing late on Monday the pending purchase would […]