Amazon launches low-cost ecommerce service in US to challenge Temu


FILE PHOTO: The Australia Amazon site shows deliveries have started in this illustration photo December 5, 2017. REUTERS/Thomas White/File photo

(Reuters) - Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on Wednesday, as it looks to take on Chinese firms Shein and PDD Holdings' Temu.

In August, Amazon CEO Andy Jassy said average selling prices were falling as customers were trading down to cheaper items and buying more essential goods.

The company said that the majority of products will be priced $10 or under, with some costing as little as $1.

The new low-cost service will be available within its app and users could search for "Haul", the company said, adding that it will be available for customers when they update their Amazon shopping app next.

(Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Bain-backed Kioxia to raise $646 million in IPO
Apple readies more conversational Siri in bid to catch up in AI
China’s richest man berates PDD, ByteDance for months of misery
WhatsApp rolling out transcription for voice messages in multiple languages
The sky's the limit for Bluesky
Two decades of Nintendo's top-selling DS console
ChatGPT's Advanced Voice Mode is coming to web browsers
Elon Musk blasts Australia's planned ban on social media for children
Bitcoin's wild ride toward $100,000
OpenAI considers taking on Google with browser, the Information reports

Others Also Read