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

-- 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. 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.Amazon this year began cutting the fees it charges merchants to sell low-priced clothing, a move seen as an attempt to c

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

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