08-November-2025
Corporate News
 
Amazon Takes Low-Cost E-Commerce Service Global
08-Nov-2025

Amazon.com on Friday said it expanded its low-cost e-commerce service Amazon Bazaar, known as Haul in the U.S., to 14 additional markets, ramping up competition with Chinese rivals like Shein and PDD Holdings' Temu in the global race to sell ultra-cheap goods like $10 dresses and $5 accessories. Sweeping import tariffs imposed by U.S. President Donald Trump have dented consumer sentiment, especially for lower-income groups, who often seek out cheaper deals.

News Source:- https://money.usnews.com/investing/news/articles/2025-11-07/amazon-takes-low-cost-ecommerce-service-global