Amazon Sets Sights on Both Hims & Hers and Temu. Is This a Golden Opportunity to Buy the Stock?
Amazon(AMZN) The Motley Fool·2024-11-21 07:06
While the biggest driver of growth for Amazon (AMZN -0.85%) has been coming from its cloud computing division, Amazon Web Services (AWS), the company is not just sitting still when it comes to other areas of its business. It recently set its sights on two rivals to help drive growth in its consumer-oriented business.Let's take a closer look at these initiatives to see if they can help drive growth and see whether now is a good time buy Amazon stock.Taking on Temu and SheinOne of the fastest-growing e-commer ...