Behind Amazon's quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Publishing timestamp: 2024-12-22 08:00:01
Summary
Amazon launched a new mobile-only section called Haul for ultra-low-price items primarily shipped from China. Despite slower shipping speeds, the demand for cheap products is high, with millions of unique customer visits since its launch. The success of similar apps like Temu and concerns about labor practices and environmental effects have not stopped the growth of budget e-commerce sites.
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Keywords: e-commerce, online retail, walmart inc, apparel manufacturing, china, apparel retail, retail industry, business, alibaba group holding ltd, tiktok, markets, business news, economy, import and export prices, pdd holdings inc, online shopping, video first, politics, apple inc, retail sales, u.s. economy, jeff bezos, amazon.com inc,