Price war: Amazon excludes Temu from competitive price checks

According to Amazon, Temu, an eCommerce marketplace that launched in September, does not meet its strict qualification requirements for Amazon’s fair pricing policy. — Reuters

NEW YORK: Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn’t meet its standards.

According to Amazon, Temu, an eCommerce marketplace that launched in September, does not meet its strict qualification requirements for Amazon’s fair pricing policy.