Nov 7 (Reuters) - Amazon.com ( AMZN ) on Friday expanded
the reach of its low-cost ecommerce service to 14 additional
markets and will call it Amazon Bazaar, as part of a push to
compete with Chinese rivals including Shein and PDD Holding's
Temu.
The expansion of the service comes at a time when U.S.
President Donald Trump's sweeping import tariffs are denting
consumer sentiment, especially of lower-income groups, who are
on a constant hunt for cheaper deals.
The new app, similar to Amazon Haul, will deliver a majority
of products priced under $10 and some as low as $2, ranging from
home goods to fashion, according to the e-commerce giant.
Some of the newer markets for the low-cost ecommerce service
include Hong Kong, the Philippines and Taiwan, it said.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil
D'Silva)