- Amazon launching marketplace for low-cost Chinese goods
- Products delivered globally within 9-11 days
- Merchants can test new products and set prices
According to The Information, Amazon.com intends to introduce a section on its shopping site featuring low-cost items shipped straight to global customers from Chinese warehouses.
The new marketplace, Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein, will offer unbranded fashion, home goods, and daily necessities, according to the slides, with products delivered to customers in 9 to 11 days, according to a report published on Wednesday.
According to The Information, the e-commerce giant told Chinese retailers at a recent closed-door conference that it will begin signing up merchants this summer and accepting merchandise in the fall.
According to the source, sellers who join the bargain site can choose their product selection and pricing and create small amounts to test demand for any new products they intend to introduce.
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When asked to comment on the allegation, an Amazon representative told Reuters that the company constantly seeks new ways to collaborate with its selling partners to provide customers with more options, lower pricing, and better convenience.
According to The Information, whether shipments will take advantage of a US trade clause that exempts individual items worth less than $800 from US customs fees.
Both e-commerce behemoth Shein, which is looking to increase its market share before going public, and PDD Group-owned e-retailer Temu rely on the expedited clearance process, accessible for direct-to-consumer shipments for $800 or less.
