Amazon in a ‘Chinese involution’: TikTok, Shein, Temu on the brink of collapse The day when “giants” bow their heads.
Since its establishment in 1994, Amazon has spent two decades growing into an e-commerce giant, but with the changes in the external environment and the intensification of competition, Amazon seems to have hit the “ceiling”. TikTok’s strong entry with its traffic advantage, followed by Temu’s reshaping of consumers’ minds with its low price, and the […]