Temu competitor on the rise: Amazon plans its own low-cost store

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Amazon, the e-commerce giant, is planning to launch its own low-cost store to compete with low-cost rivals such as Temu and Shein. This development could revolutionize the market for price-conscious shoppers and strengthen Amazon’s position as a leading online retailer. Amazon’s response to growing competition In a strategic move against growing competition in the low-price segment, Amazon is planning to open its own low-cost store, according to a report by CNBC. This new platform is primarily intended to appeal to price-conscious customers and attack the growing market share of providers such as Temu and Shein. Amazon’s decision to launch a … (Weiterlesen...)
 
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