1. Amazon has launched a new low-cost shopping destination called Amazon Bazaar, targeting Asia, Africa, and Latin America, available separately from the main Amazon app. Products are mostly under $10, with some as low as $2.

2. The Amazon Bazaar app is currently accessible in Hong Kong, the Philippines, Taiwan, Kuwait, Qatar, Bahrain, Oman, Peru, Ecuador, Argentina, Costa Rica, the Dominican Republic, Jamaica, and Nigeria. More markets will gain access soon.

3. The move aims to increase competition with low-cost Chinese shopping apps like Temu, Shein, and TikTok Shop. The Bazaar app offers affordable products in categories like fashion, home goods, and lifestyle items, with customer-friendly features such as free returns, multilingual support, and incentives for new customers.