01:32 PM EDT, 06/26/2024 (MT Newswires) -- Amazon.com ( AMZN ) is planning to launch a section on its website featuring discounted items shipped directly to overseas customers from Chinese warehouses, the Information reported Wednesday, citing slides shown to Chinese sellers.

The initiative will be the retail giant's response to the growing popularity of bargain sites like Temu and Shein.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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