Source: Tech – South China Morning PostUS e-commerce giant Amazon has launched its first smart warehouse in Shenzhen, aiming to cut storage costs for local merchants by up to 45 per cent as competition with Chinese rivals Shein and PDD Holdings’ Temu intensifies in cross-border trade.
The facility – Amazon’s first Global Warehousing and Distribution (GWD) centre worldwide – will serve as an “all-in-one” logistics hub for Chinese sellers targeting US customers, located at the heart of Shenzhen’s manufacturing base, the company said at…Read More