Word on the e-streets is that Amazon is looking to open a low-cost storefront to rival Temu. But will it have better quality?

Some price caps include $8 for jewelry, $9 for bedding, $13 for guitars, and $20 for sofas. Amazon doesn’t operate on a price cap system for its primary marketplace, so this is an entirely new approach it’ll be experimenting with on the new store.

Amazon may be working on a secondary online sales platform that would compete with the absurdly low prices of Chinese retailer Temu, according to a report from The Information.

The company's price limits include $8 for jewelry, $13 for guitars and $20 for sofas, according to the report, which cited messages from Amazon to merchants. Amazon plans to ship orders to U.S. customers directly from a facility in Guangdong,