Amazon is re-entering China with a new strategy, focusing on logistics to support Chinese sellers exporting globally, particularly to the US. After its previous marketplace failed against local giants, the e-commerce giant has opened a Shenzhen hub offering storage, customs, and shipping services. This move aims to cut seller costs and compete with rivals like Temu and Shein. Amazon is re-entering China with a new strategy, focusing on logistics to support Chinese sellers exporting globally, particularly to the US. After its previous marketplace failed against local giants, the e-commerce giant has opened a Shenzhen hub offering storage, customs, and shipping services. This move aims to cut seller costs and compete with rivals like Temu and Shein.
Trending
- Pune airport resumes ops hours after IAF fighter jet’s ‘hard landing’ – what had gone wrong?
- Antarctica has no cities, no people, and no permanent life: Here’s why humans can’t stay there forever
- US stock market at record high after Trump says ‘Hormuz is open’
- ‘7 lies in an hour’: Iran mocks Trump’s ‘victory’ claim, raises doubts on Hormuz reopening
- Xi ‘happy’ over Hormuz reopening: Trump ‘looking forward’ to ‘special’ meeting in China
- Russian oil sanctions: US extends waiver for cargoes already at sea
- Women’s quota law comes into effect in UTs of J&K, Puducherry
- TDP & JDS join other NDA allies in backing bills