Amazon.com Inc on Monday said it will open a pop-up store on Chinese e-commerce ...
Its decision to open a store on Pinduoduo, however, points to how the four-year-old startup has disrupted Alibaba and JD.com’s dominance of China’s e-commerce market through its popularity with China’s rural residents.
Competition between the three firms have heated up in recent months and Pinduoduo, which woos customers with deep discounts and group-buying deals, suffered an $11 billion slump in value last week after it posted a much wider-than-expected quarterly loss that stemmed from efforts to fight rivals with heavy subsidies.
“The Amazon Global Store pop-up store on Pinduoduo provides customers with a curated selection of about 1,000 overseas products with competitive prices, authenticity guarantee and convenient shipping,” an Amazon spokeswoman said in a statement. “We look forward to enabling customers to enjoy cross-border shopping through this store, in addition to more deals and tens of millions of products available on z.cn,” she said, referring to the website Amazon.cn.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Amazon to open store on China's Pinduoduo marketplace on November 25: sourceAmazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Mon...
Baca lebih lajut »
The Best Silk Pillowcases on Amazon, According to Hyperenthusiastic Reviewers“While I don’t wake up looking like Brad Pitt, I don’t wake up looking like the lovechild of the Bride of Frankenstein and Don King anymore.”
Baca lebih lajut »
Tom Alberg explains why he took a chance on Jeff Bezos and Amazon - Business InsiderHere's why early investor Tom Alberg took a chance on Amazon even though Jeff Bezos wasn't 'the smartest guy I'd ever met' and everybody thought it'd be 'murdered' by Barnes & Noble
Baca lebih lajut »
35 Office Secret Santa Gifts Under $25 (That You Can Buy on Amazon)Desk toys, office snacks, and even some accessories for happy hour
Baca lebih lajut »
The Best Raincoats for Women on Amazon, According to Hyperenthusiastic Reviewers“You can roll it up super small in your suitcase when travelling or even scrunch it up and carry it in your purse”
Baca lebih lajut »
Amazon files suit over Microsoft's JEDI cloud contract with PentagonAmazon Web Services has confirmed it filed a lawsuit challenging the Defense Dept.’s decision to award Microsoft a major contract for cloud services, saying the process contained biases and mistakes.
Baca lebih lajut »