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

Opinion: How can you tell if something’s been written by ChatGPT? Let’s delve
'Stealing from a thief': How ChatGPT helped Delhi man outsmart scammer, make him 'beg' for forgiveness
A US man was indicted for allegedly cyberstalking women. He says he took advice from ChatGPT.
Apple, Tesla accused of profiting from horrific abuses, environmental destruction
Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery
Hollywood unions alarmed by Netflix's $72 billion Warner Bros deal
US lawmakers press Google, Apple to remove apps tracking immigration agents
Meta acquires AI-wearables startup Limitless
New York Times sues Perplexity AI for 'illegal' copying of content
Netflix-Warner Bros deal faces political pushback even as company touts benefits

Others Also Read