NetEase’s cross-border e-commerce site Kaola and US e-commerce giant Amazon reportedly have been in talks over a possible merger, according to Chinese media outlet Caijing (in Chinese).

According to the report, the companies signed a deal to combine China cross-border businesses in a stock-for-stock merger in late 2018. But, the negotiation process, initiated by NetEase, has been very difficult, according to a person close to the matter cited by Caijing.

TechNode reached out to Kaola for confirmation of the deal but the company did not immediately provide comment.

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Nicole Jao

Nicole Jao is a reporter based in Beijing. She’s passionate about emerging trends, news, and stories of human interest within the world of technology. Connect with her on Twitter or via email: nicole.jao.iting@gmail.com.