Amazon's low-cost e-commerce service to go global

Amazon's low-cost e-commerce service to go global

FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid/File Photo

Amazon.com on Friday expanded the reach of its lowcost e-commerce service to 14 additional markets and will call it Amazon Bazaar, as part of a push to compete with Chinese rivals including Shein and PDD Holding’s Temu.

The expansion of the service comes at a time when U.S. President Donald Trump’s sweeping import tariffs are denting consumer sentiment, especially of lower-income groups, who are on a constant hunt for cheaper deals.

The new app, similar to Amazon Haul, will deliver a majority of products priced under $10 and some as low as $2, ranging from home goods to fashion, according to the e-commerce giant.

Some of the newer markets for the lowcost ecommerce service include Hong Kong, the Philippines and Taiwan, it said.

Reuters

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