Amazon is planning to launch discount sections on popular Chinese online retailers Temu and Shein, offering off-brand clothing, home goods and everyday items shipped directly from Chinese warehouses to customers overseas.
The e-commerce giant recently revealed details of the new stores it will open in a closed-door meeting with Chinese retailers. informationwas first to report the news.
According to the media, Amazon has told suppliers that it plans to start registering sellers for its stores this summer and to start accepting inventory in the fall.
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According to the report, retailers participating on bargain sites can decide the product selection and price, and can also produce small quantities of upcoming products to test demand.
In response to the reports, Amazon told FOX Business in a statement, “Together with our retail partners, we are constantly looking for new ways to delight customers with more selection, lower prices and greater convenience.”
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It’s unclear whether the shipments will take advantage of a U.S. trade provision that exempts individual packages worth less than $800 from U.S. tariffs, The Information reported.
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E-commerce giant Shein, which is looking to expand its market share ahead of an initial public offering, and Temu, an e-retailer owned by PDD Group, are relying on the expedited customs clearance process available for direct-delivery consumer goods under $800.
Reuters contributed to this report.
