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International Business Times UK
International Business Times UK
Ziyad Jamal

Amazon Is Panicking After Losing 2M Customers To Chinese Rivals Temu And Shein Since January

Amazon's customer base slipped from 69.6 million to 67 million over a span of 16 months. (Credit: Mike Segar/Reuters)

Global e-commerce giant, Amazon, is currently enduring somewhat of a challenging period as the company has seen its customer figures drop by over two million recently.

This marginal decline comes as its Chinese-based competitors, Temu and Shein, have gathered a stronger hold internationally since expanding. The two online retailers ship out products directly from China and have already developed a strong presence in the British and American online retail market.

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