Sign Up
OverviewAPI
Amazon is engaging with sellers at a China summit amid competition from Shein and Temu, expanding its presence with a new innovation center in Shenzhen. Shein, owned by PDD Holdings, has filed for a U.S. IPO, while Temu, also owned by PDD Holdings, is gaining traction. Amazon has adjusted its commission rates for affordable clothing to 5% from 17%, likely to attract Shein and Temu merchants. Etsy, however, has undergone a 11% workforce layoff.

Ask a question