Hosted on MSN10h
Biden FTC Engaged With Chinese E-Commerce Giant Temu In Amazon Antitrust Case, Raising Concerns
The Biden Federal Trade Commission (FTC) reportedly communicated with a major Chinese e-commerce company about Amazon’s ...
Hosted on MSN7mon
Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service
Amazon.com plans to launch a service focused on shipping cheap fashion wear, household goods and other products directly from warehouses in China, as it faces growing competition from low-cost e ...
Looming TikTok ban poses financial nightmare for Google, Apple — and other American tech firms with ties to China’s ByteDance
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple ...
Wall Street Journal11mon
China's Temu Steps Up Challenge to Amazon With Billions in Marketing Dollars
(Nikos Pekiaridis/Zuma Press) Temu has blanketed the market with ads in recent months as it attempts to take on Amazon in the fight for U.S. consumer dollars. The e-commerce giant owned by Chinese ...
The Australian Financial Review9d
Wesfarmers to shut Catch amid stiff competition from Temu, Amazon
Since then, however, it has faced competition from even larger players like Amazon and China’s Shein and Temu, which sells everything from $12 gold polo shirts to $19 backyard tiki torches.
scmp.com16d
Tech war: China’s TikTok sellers eye Amazon and Shein as US ban looms
Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the United States, including switching to competing platforms and focusing on ...