Amazon Vs. Temu, Shein, TikTok Shop: Who's Winning The US E-Commerce Battle?
PDD(PDD) Benzinga·2024-07-10 20:47
Loading...Loading...In the fierce battlefield of e-Commerce, Amazon.com Inc AMZN continues to reign supreme, but emerging challengers like PDD Holdings Inc‘s PDD Temu, Shein, and TikTok Shop are making significant strides.Wedbush Securities analyst Scott Devitt’s latest survey of over 1,000 U.S. consumers reveals intriguing shifts in spending habits and consumer satisfaction that investors need to watch closely.Amazon’s Dominance Remains UnshakenAmazon remains the e-Commerce kingpin, with 64% of surveyed co ...