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Amazon.com is pulling out of a plan to build a headquarters in New York City, after a backlash from some residents and politicians, the e-commerce giant said.

Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.”

Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”

Amazon.com Inc. is reconsidering its plan to build a corporate campus in New York after facing a wave of opposition, according to a news report that cited unnamed people familiar with the matter.

Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.

New York Mayor Bill de Blasio said he thinks Amazon.com will prevail in building its huge new campus in the city — despite an opponent being recommended to serve on a board with veto power over the transaction.

Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year.

Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc.

Amazon.com reports fourth-quarter results after the market closes Jan. 31, with analysts braced for a relatively weak read on revenue growth, and focusing instead on the benefits cloud-computing and advertising have had on its margins.

FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.