E-commerce giant Amazon is preparing its most aggressive move yet against China-linked discount online retailers Temu and Shein with a bargain shop of its own.
Amazon is coming for popular China-linked online retailers Temu and Shein with plans for a discount section offering unbranded clothing, home goods and everyday necessities shipped directly to overseas customers from warehouses in China. The e-commerce behemoth laid out details of the forthcoming new storefront recently in a closed-door meeting with Chinese sellers, according to The Information, which first reported the news.
Sellers joining the bargain site can determine their product selection and pricing, and they can produce in small batches to test the demand for any new products they plan to launch, the report added. In response to the report, Amazon told FOX Business in a statement, "We are always exploring new ways to work with our selling partners to delight our customers with more selection, lower prices, and greater convenience.
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Walmart Is Finally Capitalizing On Amazon And Temu’s China PlaybookCyrus ('suh-ROOS') Farivar is a Forbes senior writer who covers retail, scams, surveillance, and more across Silicon Valley. He joined Forbes in 2022 and is based in Oakland, California. He has covered Temu, TikTok Shop, and the collapse of Cruise, the autonomous vehicle arm of GM.
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