Amazon’s ‘Big Spring Sale’ to give leg up against competition

Amazon's (AMZN) "Big Spring Sale" kicks off this week, lasting from Wednesday, March 20 to Monday, March 25. The online retailer's mid-season promotion is largely seen as a tactic to fight against growing competition from e-commerce competitors like Temu, which is owned by Pinduoduo (PDD). The sale is not exclusive to just Prime members, with discounts across multiple product categories in an attempt for Amazon to take back a market share. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development for Amazon and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino