For subscribers
E-commerce competition heats up for Amazon, Alibaba, Sea and Temu
Sign up now: Get ST's newsletters delivered to your inbox
Amazon is trading at around US$153.50. It is up about 63 per cent over the past year, but that is still lower than the shares hit in June 2021.
PHOTO: REUTERS
Follow topic:
SINGAPORE - Global e-commerce players are facing intensifying competition that has led to shifting market shares amid concerns over profitability.
DBS Group Research in its January report tips Amazon and PDD – the parent of Chinese online retailer PinDuoDuo – for their growth prospects.
