Key Points:
1. Amazon plans to launch a new cost-effective product line with unbranded items priced under $20. 2. The new store will offer massage tools, fitness weights, and phone cases. 3. Chinese sellers will deliver the products directly to customers. 4. Amazon’s new store is similar to Temu, which has gained popularity in Europe.
5. Amazon’s move is seen as an attempt to compete with popular Chinese online stores like Shein and Temu. 6. The new store aims to offer products at lower prices than competitors.