From July 18, Amazon shoppers in China will not be able to buy goods from third-party Chinese merchants on Amazon.cn, but will still be able to order goods from Amazon's global website.
Amazon will wind down support for domestic-selling merchants in China in the next 90 days and review the impact on its fulfilment centres in the country, some of which it may close, one of the people said.
There is market speculation that the United States technology giant has chose to close its major businesses in China, except for Kindle and cross-border e-commerce, the report said, adding that the announcement will be made sometime this week.
This comes despite Amazon's investment in logistics in China and its acquisition in 2004 of Chinese online book seller Joyo.
"Amazon's commitment to China remains strong", the company said.
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Increasing competition from domestic rivals - JD.com and Alibaba's Tmall entrenched Amazon in China.
Pulling out of Chinese e-commerce represents a setback for the company in the world's largest retail market and for Chief Executive Officer Jeff Bezos, known for his willingness to weather losses to achieve long-term gains. Consumer insights firm iResearch Global said Alibaba Group Holding Ltd's Tmall marketplace and JD.com Inc controlled 81.9 per cent of the Chinese market a year ago. Wal-Mart Stores Inc sold its Chinese online shopping platform to JD.com in 2016 in return for a stake in JD.com to focus on its bricks-and-mortar stores.
It also follows the Chinese e-commerce retreat of other big-name Western retailers.
Amazon will cease its online store operations in China by July 18th.
The move means Amazon could make more aggressive plays in other growth markets such as India where it competes with Walmart-owned Flipkart.