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Does Amazon have anything to do with Lei Jun?
Amazon China was founded in 2000 as Joyo. Joyo.com started as a website providing IT information and software download, and entered the field of online bookstores in 2000. On August 19, 2004, Joyo.com was wholly-owned by Amazon and became the China Sub-station of Amazon.com. In 2007, it was renamed Zhuo Yue Amazon. 20111kloc-0/on October 27th, the word "Excellence" was abandoned and it was officially renamed Amazon China.

1In August, 1998, Jinshan Software Company received a capital injection of US$ 9 million from Lenovo Group and became the largest general software company in China. At this time, the Internet craze has just started in China, and Jinshan Company also plans to invest in opening an IT website, hoping to gain a foothold in the Internet craze. Lei Jun, then general manager of Jinshan Company, contacted Gao Chunhui, the stationmaster of paulgao.com.cn, a well-known personal website, and planned to build a professional download website.

In February, 1999, Joyo.com was put into trial operation. At that time, there were only five employees, belonging to a division under Jinshan Software Company. Joyo's development goal at that time was "to be the biggest and best Chinese download website". Joyo.com ranked 33rd on CNNIC website within half a year and became a well-known software download website in China. In August, 1999, Joyo.com launched its own off-line software service series CD "Joyo Software Space", followed by Joyo Software Space II and Joyo Software Space 2000.

During the period of 1999, the development of Internet in Chinese mainland was not perfect, so IT was difficult to gain practical benefits as a website providing IT information and downloading services. Joyo. Com spends 200,000 RMB per month to maintain its operation, but it basically has no income and relies entirely on the investment of Jinshan Company. Subsequently, Joyo.com began to reorganize and transform itself into a B2C e-commerce website, positioning itself as an "online boutique". June 5438 +2000 10, Joyo.com was split from Jinshan Software Company, with Jinshan Software as the largest shareholder, Lenovo Investment under Lenovo Group as the second largest shareholder, Lei Jun as the chairman and Gao Chunhui as the general manager. Subsequently, Joyo began to try to increase online stores. In April 2000, Gao Chunhui announced his resignation as general manager and left Joyo. Joyo completely stopped the original software download service, and then stopped providing it with information content.

In May 2000, the revised Joyo.com was officially launched. Updated the logo of the website and used the slogan "paramore Life". At this time, the main business of the website is books and audio-visual products, claiming that it is "incomplete and only refined". In order to strengthen the service to East China, Shanghai Branch opened from June 5 to February 38, 2000. 200 1, 10 set up "user boutique club" to provide offline mail order service. In March 2002, Zhuo Yue Express Company was established to improve logistics services. Since September, 200 1 year, Joyo. Com has announced that the profit of the website has been equivalent to the operating expenses, reaching the break-even point. At present, Joyo and Dangdang, another online bookstore, have become the two largest online bookstores in Chinese mainland.

In 2002, FM365.com, the website operated by Lenovo Group itself, was on the verge of disappearing in the bubble of the retreat of the Internet tide in China at that time because of its unclear positioning and no profit point. At this time, Lenovo expects to gain a promising Joyo network from its controlling Jinshan Software. After a series of operations, Lenovo became the largest shareholder of Joyo. On August 6th, 2002, Wang Shutong resigned as President of Joyo. 10 days later, Lin Mercury, director of planning department of Legend Holdings Limited, took over as president. In April, 2003, Joyo.com, which had been operating for three years, announced that it began to make profits. In the same month, Joyo Guangzhou Branch was established to expand its influence in South China. In September, Tiger Technology, a subsidiary of Desheng Tiger Fund, invested 52 million yuan and became the third largest shareholder in Joyo. Since then, Joyo.com began to set foot in the online retail of various daily necessities.