Amazon has launched a store where every product costs $20 or less in a bid to take on popular low-cost shopping apps like Temu and Shein. The new “Amazon Haul” service is available in the US via Amazon’s app or mobile website,

Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on Wednesday, as it looks to take on Chinese firms Shein and PDD Holdings' Temu.

Amazon has launched a new online service offering low-cost goods in the US which is set to challenge the likes of discount retailers Shein and Temu.

Products priced at US$20 or less, focuses on clothing, home goods, jewelry and electronics. Read more at straitstimes.com.

The new Amazon Haul storefront is expected to feature products under $10 and offer free delivery on orders over $25.

Amazon Haul was unveiled Wednesday in beta form, designed to compete with Chinese retailers Temu and Shein on sales of ultra-low price products.

Amazon has rolled out its answer to the discounted, low-cost storefronts of Temu and Shein. The Amazon Haul store, currently available on the mobile app or mobile web browser exclusively, offers similar mass-produced,

Amazon stock is building on its postelection rally by notching another record high Wednesday, and gaining further early Thursday. Shares of the tech giant are rallying as Amazon launched a discount-focused e-commerce service,