Wednesday, October 31, 2012

Amazon China Head to Leave

Amazon.com Inc.  said Wednesday the head of its China operations, Wang Hanhua, would leave the company at the end of November.

A company spokesman said Mr. Wang, who has been with the company for more than seven years, is moving on to do “something he’s more interested in.”

Amazon Vice President of Retail Operations Steve Frazier will take over as acting country manager while the company looks for a permanent replacement, the spokesman said.

“Because Steve has been with Amazon for quite a while, the thing we want to say to the outside is…everything will be operating smoothly,” the spokesman said, adding that Amazon has been expanding its operations in China for a long time and would continue to do so.

The spokesman said that contrary to rumors circulating around the Chinese Internet, Mr. Wang wasn’t moving to Apple Inc.  or any other Amazon competitor.

In the second quarter, Amazon’s local website held a 4.2% share of China’s business-to-consumer online retail market, excluding sales by online retail platforms such as Alibaba Group’s Tmall, according to research group Analysys International. It lags well behind Chinese company Beijing Jingdong Century Trading Co., which operates 360buy.com and had a 27.7% share.

Nancy Allen Sophie Lee

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