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How Amazon Haul Is Taking On Temu With Cheap Goods From China

22/12/24
CNBC

In November, Amazon quietly launched Haul, a mobile-only section of its shopping app for items under $20. They take at least a week to arrive because they're largely coming from China. Haul is Amazon's answer to the soaring success of ultra-cheap budget online shopping apps like Temu, Shein and TikTok Shop. The space also faces concerns over forced labor, waste, and an uncertain future for the import tax exemption that keeps prices low. Chapters: 2:08 Amazon Haul explained 6:11 Shop like a billionaire 9:03 Out for delivery 10:44 Tariffs, liability and competitors Produced and Shot by: Katie Tarasov, Devan Burris Edited by: Evan Lee Miller Supervising Producer: Jeniece Pettitt Animation: Mithra Krishnan Additional Footage: Amazon, Getty Images, Temu » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer: https://cnb.cx/4fB26Ru Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Amazon Haul Is Taking On Temu With Cheap Goods From China

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