Amazon is planning to launch a discount web store to compete with Chinese rivals like Temu and Shein. The company aims to ship goods directly from China to customers, following the trend of offering cheaper products to attract more buyers.
Opinion: Western e-commerce giants looking to gain more exposure in the fiercely competitive international market are increasingly attracted to cost-effective #Chinese goods and opportunities for supply chain cooperation. #Amazon's reported new storefront serves as a good example… https://t.co/46cK1uE61u
The online retail giant is trying to compete with discount offerings from Temu and Shein. https://t.co/oXQzqtkku7
It's obviously very early days but $AMZN's move into low-priced white label products in order to defend against Temu is reminiscent of $BABA and $JD's moves into low-priced white label goods to defend against $PDD Successfully incubating a business that requires an entirely…
.@amazon plans to create a #shopping zone that connects buyers directly with cheaper goods in #Chinese warehouses to compete in the market. https://t.co/hbWNh7oHdJ
Amazon is trying to defend its kingdom against cheap Chinese rivals, and it thinks it has a plan https://t.co/kurYpSL36r
The ultimate race to the bottom. This is what it's come to. BoF: Amazon Plans Discount Web Store in Effort to Counter Temu, Shein "The Seattle-based company’s plans show Amazon shipping goods directly to customers from China."