Amazon takes low-cost ecommerce service global

Published 2 days ago Positive
Amazon takes low-cost ecommerce service global
(Reuters) -Amazon.com on Friday expanded the reach ​of its low-cost ecommerce 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 ⁠low-cost ecommerce service include Hong Kong, the Philippines and Taiwan, ⁠it said.

(Reporting by Anuja Bharat ‌Mistry in Bengaluru; Editing ‌by Anil D'Silva)

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