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Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/amazons-new-focus-fending-off-rivals-temu-and-shein-5c6ac205 1. Business -------------------------------------------------------------------------------- 2. Retail AMAZON’S NEW FOCUS: FENDING OFF RIVALS TEMU AND SHEIN THE E-COMMERCE COMPANIES WITH CHINESE ROOTS HAVE, FOR NOW, REPLACED WALMART AND TARGET AS AMAZON’S CENTRAL COMPETITIVE FOCUS By Sebastian Herrera Updated March 21, 2024 4:48 pm ET Share Resize 82 -------------------------------------------------------------------------------- Listen (2 min) You may also like CloseCreated with sketchtool. Up Next CloseCreated with sketchtool. 0:00 ADVERTISEMENT 0:00 Pause Playing MuteCreated with sketchtool. 0:04 / 7:54 ShareCreated with sketchtool. Tap For Sound In just over a year, Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. WSJ breaks down how its continued growth could redefine online retail, just like Amazon’s speedy delivery did. Photo illustration: Kaitlyn Wang Amazon.com AMZN 0.47%increase; green up pointing triangle is training its attention on emerging e-commerce players Temu and Shein, viewing the newer platforms as significant threats to its online shopping dominance. Temu and Shein have, for now, supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, people familiar with the matter said. The companies with Chinese roots are expanding in the U.S. and targeting Amazon customers. Temu has gone on an advertising blitz, spending billions of dollars and becoming the top advertiser by revenue on Meta Platforms in 2023, The Wall Street Journal reported this month. Copyright ©2024 Dow Jones & Company, Inc. 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