News

Amazon is rolling out a new discount storefront, dubbed Haul, which will offer low-cost products in direct competition with rivals (and Gen Z favorites) Temu and Shein. The Haul store is currently ...
Haul is Amazon's answer to the booming popularity of apps such as PDD Holdings' Temu and fast-fashion retailer Shein. Amazon told CNBC that Haul has had millions of unique customer visits since it ...
Lately, that has included more expensive and branded items; both Temu and TikTop Shop have been moving upmarket to compete more directly with Amazon. Haul, at launch, feels a lot like its ...
WASHINGTON — Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete ... on Shein and Temu, the China-founded ...
Amazon expanded revenue by 11% to $638 billion, thanks to growth across all three major segments. North America was up by 10% ...
marking its most significant effort yet to challenge much cheaper competitors like Temu and Shein. According to The Information, Amazon intends to ship goods directly from China to consumers ...
Consumers shopping on Amazon and low-cost retailer Temu are often comparing goods ... with prices that were an average of 14% less than competitors' in 2024.
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.