Amazon Launches Android App Store in China

It beat Google to the paid Chinese Android app market

   

amazon box 630 300x225 Amazon Launches Android App Store in ChinaOver the weekend, Amazon (NASDAQ:AMZN) unveiled an online store for Chinese users offering apps for devices running Google‘s (NASDAQ:GOOG) Android OS.

The Internet retail giant, which launched a Kindle digital book store in China late last year, becomes the first U.S. company to offer a download platform for paid Android apps in China. Google currently only allows Chinese users to download free Android apps, Reuters notes.

amazon Amazon Launches Android App Store in China
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Android apps — both free and paid — are available from a multitude of websites in China, but those websites are plagued with security concerns, including computer viruses.

Amazon is trying to bolster its e-commerce business in China. During the fourth quarter of 2012, the company accounted for less than 3% of China’s $27 billion consumer online sales.

The sale of digital products — apps, music and video downloads — is an increasingly important part of Amazon’s business model and its ability to compete with other online and brick-and-mortar retailers.

Shares of Amazon fell more than 1% in Monday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/amazon-launches-android-app-store-in-china/.

©2014 InvestorPlace Media, LLC

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