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Market Chatter: Amazon's Fire TV Targeted by Temu With Compatible Remote Controls
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Market Chatter: Amazon's Fire TV Targeted by Temu With Compatible Remote Controls
Oct 10, 2024 11:38 PM

08:04 AM EDT, 10/08/2024 (MT Newswires) -- Amazon.com's ( AMZN ) Fire TV has been targeted by PDD Holdings' ( PDD ) Temu online marketplace, which has begun offering cheap remote controls compatible with Amazon's ( AMZN ) streaming device, Bloomberg reported Tuesday.

Temu is selling Alexa-activated remote controls compatible with Amazon's ( AMZN ) Fire TV Stick for $4, while generic versions are priced around $10 on Amazon.com ( AMZN ) and official Fire TV remotes cost about $25, according to the report.

Amazon ( AMZN ) and PDD did not immediately respond to requests for comment from MT Newswires.

(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.)

Price: 181.92, Change: +1.12, Percent Change: +0.62

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