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Stockreport

China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ: PDD ), Temu offers a wide range of products, including home decor, pet supplies, beauty and health products and clothing. The platform is known for its competitive pricing, often offering significant discounts on items compared to prices on Amazon. Coupled with Temu's discount codes, consumers can enjoy even greater savings. Don't Miss: Join the elite. Invest in Epic Games and own a piece of the $17 billion Fortnite empire This ‘Future of Gaming' startup disrupting a $272 billion industry is now letting anyone invest for a limited time Temu has even become the No. 1 Shopping App on Apple's App Store, surpassing Amazon, Target Corp. and Walmart Inc [Read more]
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Stockreport

China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ: PDD ), Temu offers a wide range of products, including home decor, pet supplies, beauty and health products and clothing. The platform is known for its competitive pricing, often offering significant discounts on items compared to prices on Amazon. Coupled with Temu's discount codes, consumers can enjoy even greater savings. Don't Miss: Join the elite. Invest in Epic Games and own a piece of the $17 billion Fortnite empire This ‘Future of Gaming' startup disrupting a $272 billion industry is now letting anyone invest for a limited time Temu has even become the No. 1 Shopping App on Apple's App Store, surpassing Amazon, Target Corp. and Walmart Inc [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS