Amazon Plans Discount Web Store in Effort to Counter Temu, Shein

Bloomberg06-27

(Bloomberg) -- Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and ...

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阿当当
06-27
阿当当
没用的，徒劳的挣扎

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Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint Venture. Supreme Court Poised to Allow Emergency Abortions in Idaho. FedEx Stokes Investors With Hint of a Freight Deal. Nvidia Rout Takes Breather as Traders Scour Charts for Support. The Seattle-based company’s plans, described in slides posted to websites for third-party Chinese sellers, show Amazon shipping goods directly to customers from China. 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Amazon, which has sought to hold its ground with promises of speedy shipping, previously encouraged Chinese merchants to use logistics services that concentrate merchandise at US-based warehouses.The new mall will appear in its own section of Amazon’s website, the slides say. For now, it’s open only to invited sellers. “We are always exploring new ways to work with our selling partners to delight our customers with more selection, lower prices, and greater convenience,” Amazon spokesperson Maria Boschetti said in response to questions about the program, which was reported earlier by the Information. Among the documents is a screenshot of an apparent invitation from Amazon for a July 5 launch event in Yiwu, a famous manufacturing and export hub in China’s eastern Zhejiang province. Amazon and other US retail incumbents are grappling with the rapid rise of Temu, a unit of PDD Holdings Inc., and online fashion retailer Shein, which have lured customers with steep discounts and, in Temu’s case, a barrage of advertising on television and social media.Amazon this year began cutting the fees it charges merchants to sell low-priced clothing, a move seen as an attempt to compete with Shein’s bargain basement prices.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":321207929594040,"gmtCreate":1719450004822,"gmtModify":1719450006764,"author":{"id":"3522293151226796","authorId":"3522293151226796","name":"阿当当","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"没用的，徒劳的挣扎","listText":"没用的，徒劳的挣扎","text":"没用的，徒劳的挣扎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321207929594040","repostId":2446310655,"repostType":2,"repost":{"id":"2446310655","pubTimestamp":1719449351,"share":"https://www.laohu8.com/m/news/2446310655?lang=&edition=full","pubTime":"2024-06-27 08:49","market":"us","language":"en","title":"Amazon Plans Discount Web Store in Effort to Counter Temu, Shein","url":"https://stock-news.laohu8.com/highlight/detail?id=2446310655","media":"Bloomberg","summary":" -- Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.YouTuberDr Disrespect Was Allegedly Kicked Off Twitch for MessagingMinor. Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint Venture. Supreme Court Poised to Allow Emergency Abortions in Idaho. FedEx Stokes Investors With Hint of a Freight Deal. Nvidia Rout Takes Breather as Traders Scour Charts for Support. The Seattle-based company’s plans, described in slides posted to websites for third-party Chinese sellers, show Amazon shipping goods directly to customers from China. 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Amazon, which has sought to hold its ground with promises of speedy shipping, previously encouraged Chinese merchants to use logistics services that concentrate merchandise at US-based warehouses.</p><p>The new mall will appear in its own section of Amazon’s website, the slides say. For now, it’s open only to invited sellers. </p><p>“We are always exploring new ways to work with our selling partners to delight our customers with more selection, lower prices, and greater convenience,” Amazon spokesperson Maria Boschetti said in response to questions about the program, which was reported earlier by the Information. </p><p>Among the documents is a screenshot of an apparent invitation from Amazon for a July 5 launch event in Yiwu, a famous manufacturing and export hub in China’s eastern Zhejiang province. </p><p>Amazon and other US retail incumbents are grappling with the rapid rise of Temu, a unit of PDD Holdings Inc., and online fashion retailer Shein, which have lured customers with steep discounts and, in Temu’s case, a barrage of advertising on television and social media.</p><p>Amazon this year began cutting the fees it charges merchants to sell low-priced clothing, a move seen as an attempt to compete with Shein’s bargain basement prices. </p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Plans Discount Web Store in Effort to Counter Temu, Shein\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-27 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-plans-discount-store-effort-185219571.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-plans-discount-store-effort-185219571.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0238689110.USD":"贝莱德环球动力股票基金","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4592":"伊斯兰概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4507":"流媒体概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4220":"综合零售","BK4524":"宅经济概念","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0080751232.USD":"富达环球多元动力基金A","LU0056508442.USD":"贝莱德世界科技基金A2","BK4527":"明星科技股","BK4588":"碎股","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","BK4579":"人工智能","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","PDD":"拼多多","LU0109392836.USD":"富兰克林科技股A","BK4503":"景林资产持仓","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4551":"寇图资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4561":"索罗斯持仓","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4581":"高盛持仓","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0072462426.USD":"贝莱德全球配置 A2","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4548":"巴美列捷福持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H"},"source_url":"https://finance.yahoo.com/news/amazon-plans-discount-store-effort-185219571.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2446310655","content_text":"(Bloomberg) -- Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein. The Seattle-based company’s plans, described in slides posted to websites for third-party Chinese sellers, show Amazon shipping goods directly to customers from China. Amazon, which has sought to hold its ground with promises of speedy shipping, previously encouraged Chinese merchants to use logistics services that concentrate merchandise at US-based warehouses.The new mall will appear in its own section of Amazon’s website, the slides say. For now, it’s open only to invited sellers. “We are always exploring new ways to work with our selling partners to delight our customers with more selection, lower prices, and greater convenience,” Amazon spokesperson Maria Boschetti said in response to questions about the program, which was reported earlier by the Information. Among the documents is a screenshot of an apparent invitation from Amazon for a July 5 launch event in Yiwu, a famous manufacturing and export hub in China’s eastern Zhejiang province. Amazon and other US retail incumbents are grappling with the rapid rise of Temu, a unit of PDD Holdings Inc., and online fashion retailer Shein, which have lured customers with steep discounts and, in Temu’s case, a barrage of advertising on television and social media.Amazon this year began cutting the fees it charges merchants to sell low-priced clothing, a move seen as an attempt to compete with Shein’s bargain basement prices.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446310655"}