|Duration : Phase :|
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Technical investigation trends AMAZON.COM
|Number of Advisors||48|
|Average goal cost||1 212 $|
|Twist / Average Goal||7,7 percent|
|1st jan..||Capitalization (M$)|
|AMAZON.COM||50.58 percent||542 275|
|QVC GROUP (LIBERTY INTERACTIVE CORPORATION)||19.67 percent||15 595|
|START TODAY CO.,LTD..||61.44 percent||9 067|
|WAYFAIR INC||65.39 percent||5 092|
|MONOTARO CO.,LTD..||28.82 percent||3 355|
|B2W COMPANHIA DIGITAL||87.72 percent||two 458|
Amazon com : to Boost Its China Cloud-Computing Business
Amazon.com Inc.’s cloud-computing service is throwing in the towel in China.
Beijing Sinnet Technology Co., Amazon’s Chinese partner, said in a stock-exchange announcement late Monday that it will purchase Amazon Web Services’ China business for as much as two billion yuan ($300 million).
The buyout was an attempt to “comply with all our country’s laws and rules and further improve the security and the caliber of the AWS cloud-computing service run by the company,” Beijing Sinnet stated.
AWS couldn’t immediately be reached for comment.
Amazon and other U.S. companies, including Apple Inc., have faced pressure in China to obey the government’s need to further tighten the screws on its already heavily policed net.
AWS customers in China have been this season sent emails by Beijing Sinnet requesting them to delete tools permitting them to circumvent the country’s vast system of filters. Some of the programs that clients use include virtual private networks, or VPNs.
In making the demands on its customers Beijing Sinnet cited asks by the industry and China’s public security ministry and information technology ministry.
“Sinnet is accountable for ensuring that its customers in China comply with local legislation and their notice was meant to remind customers of their obligations,” that an Amazon spokeswoman said via email at the time.
In the past, some U.S. companies have also spoken out about the uneven playing field for overseas providers in China’s cloud-computing industry.
Yang Jie at Liza and Beijing Lin at Shanghai contributed to the Report.