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Price war: Amazon excludes rival Temu from competitive price checks

(Corrects the data of Temu's general merchandise value in paragraph 10) By Arriana McLymore NEW YORK (Reuters) -Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn't meet its standards. According to Amazon, Temu, an e-commerce marketplace that launched in September, does
United States Vanessa Oconnell Mandell Menkes Feixiang Wang Deepa Babington Arriana Mclymore
Source: msn.com

Price war: Amazon excludes rival Temu from competitive price checks, ET Retail

According to Amazon, Temu, an e-commerce marketplace that launched in September, does not meet its strict qualification requirements for Amazons fair pricing policy. That means some low-priced general merchandise on Temu, owned by PDD Holdings, could beat out prices offered by Amazons marketplace sellers.
United States Mandell Menkes Feixiang Wang Shenzhen Kangmingcheng Technology Maibo Technology Company Us District Court

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