PALO ALTO, California/GUANGZHOU -- Amazon.com is offering deep discounts on electronics, household items and more for its Prime Day sales event amid growing competition with Chinese rival Temu, as inflation sends consumers hunting for bargains.
Technology
Amazon vs. Temu: Prime Day heats up e-commerce price war
U.S. giant sets steep discounts with eye on Chinese competition
Prime Day has become one of the biggest sale events in the U.S., with Amazon's rivals offering competing discounts. © Reuters
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