• About & Contact Us
  • SEO Community

Ulancer.com

    • Latest Stories

      What is new?

    • Meet the startups that pitched at EF’s 10th Demo Day in London

      September 27, 2018

    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A

      September 27, 2018

  • News
  • How to’s
  • Writing
  • Startups
  • Jobs
  • More
    • CMS Tools
    • APPS
    • Web Resources
      • Advertising
      • Firefox
      • Scripts
      • Tools

Amazon’s AWS business is reportedly pulling out of China

  • by Ulancer Contributor
  • In News
  • — 14 Nov, 2017


It looks like Amazon is removing itself from the Chinese cloud services industry on account of stringent new data laws that went live in the country earlier this year.

The U.S. company has agreed to sell its China-based web services business to Beijing Sinnet, the local partner that operates it, according to a filing on the Shenzhen Stock Exchange that was noted by The Wall Street Journal and Reuters. The deal will be reportedly be worth up to 2 billion yuan, or $300 million.

TechCrunch contacted Amazon for comment but did no hear back at the time of writing. We’ll update this article with any updates from Amazon.

Amazon launched its web services business — better known as AWS — in China in 2014.  AWS is significantly ahead of the competition across the world, but in China it must operate via local partners due to regulation. The company signed a deal with Sinnet back in September 2016.

The AWS China business had worked with governments in Beijing and Ningxia, and companies that include consumer names like Xiaomi, security firm Qihoo and software maker Kingsoft.

Legal reasons appear to be the reason that Amazon is offloading the business. Sinnet said in the filing that the deal will help the service “comply with local laws and regulations and further improve service quality and security.”

That’s almost certainly a reference to new regulations around data that went live in June and give China’s central government more direct control over the operations of internet-based companies in the country.

This isn’t the first time Chinese laws has impacted AWS.

Back in the summer, Sinnet had contacted customers to warn them not to operate VPN software in response to a government crackdown on services that enable China-based individuals to gain unfettered access to the internet. Apple was among other Western companies to respond similarly to the government’s demands. The iPhone-maker banished VPN services from its App Store in what was one of the largest blows to internet freedom in the country in the modern era.


News source

You might also like...

  • Starman has gone dark 8 Feb, 2018
  • Twilio competitor Bandwidth up 6% following IPO 10 Nov, 2017
  • Beyond the BS of Singularity U’s $32M raise to teach trendspotting 15 Feb, 2018
  • Senators introduce revenge porn bill 28 Nov, 2017
  • Previous story Lofelt raises $5.4M to develop next-gen haptic tech for gaming, AR, VR, automobile, and more
  • Next story LightStep emerges from stealth with a tool for application performance monitoring
  • RSS
    Receive Freebies & Latest Posts Directly To Your Email - it's Free!

    • Recent Posts
    • Most Popular
    • Comments
    • 7hrCggmJ-AMMeet the startups that pitched at EF’s 10th Demo Day in LondonSeptember 27, 2018
    • oNo38LV2tQIRally Rd., the app that lets you invest in classic cars, raises $7M Series ASeptember 27, 2018
    • Nearby.gifBerkanan is a Bluetooth-powered group messaging appSeptember 27, 2018
    • 2122.pngVinay Gupta to talk about Mattereum at Disrupt BerlinSeptember 27, 2018
    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
    • wptheme2A Collection of Free WordPress ThemesJuly 11, 2010
    • Bharat Sarkari Naukri on:Spotify acquires online music studio Soundtrap as it goes after creators
    • PMP on:Online learning platform Unacademy gets $21M Series C from Sequoia India, SAIF and Nexus
    • Predictive Eye on:Element.AI opens London outpost with focus on ‘AI for good’
    • SmartCursors on:4 Tips for Keeping Your Freelance Finances In Order
  • Staff Picks

    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
  • Recent Posts

    • Meet the startups that pitched at EF’s 10th Demo Day in London
    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A
  • Search Our Blog

  • Ulancer is an insightful freelance blog and resource site. We provide intuitive articles that cover Photoshop tutorials, time-saving management tips covering a broad range of topics. We also have an active freelance community forum, there you can meet other freelancers that share your common interest, socialize and chat about freelance trending news as the occurred.

© Copyright 2013 Ulancer.