Amazon launches online discount storefront to compete with Shein and Temu, kills Freevee channel

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Amazon launches online discount storefront to compete with Shein and Temu, kills Freevee channel
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Haul will feature products that cost less than $10 and offer free delivery on orders over $25.

A sign in the lobby of Amazon offices is shown on Feb. 14, 2019 in New York. storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the e-commerce giant’s turf.

Amazon’s new storefront, which is only available on its shopping app and mobile website, features unbranded products, such as a phone case and a hairbrush that cost $2.99, and a sleeveless dress that retails for $14.99. The company is seeking to drive home its message on value, with banners on its page advertising “crazy low prices” and activewear “that won’t stretch your budget.”

To be sure, importing goods out of China could soon become more expensive for Amazon. In September, the Biden administration said it wason cheap products sold out of China, a move designed to reduce US dependence on Beijing but could also trigger higher prices for the US consumers who have flocked to Shein and Temu.

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