June 28, 2024 BY Elizabeth Anderson
Amazon Exploring Discount Store To Compete With Chinese Startups
Analysts opined that this invitation-only event is an attempt to combat the rising competition from Chinese online shopping startups such as Temu and Shein. Both of these companies have gained traction among US consumers with their low prices on clothes, gadgets and other merchandise. Earlier this week, we reported on Shein’s IPO filing with the…
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