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2. How Does Temu Get Its Prices So Low? Behind the Pricing ...

   www.aol.com/news/does-temu-prices-low-behind...

   Temu means “Team Up, Price Down,” which represents the company’s mission to use economies of scale to lower costs for its users. The name is pronounced “tee-moo” with an emphasis on the ...

3. Temu - Wikipedia

   en.wikipedia.org/wiki/Temu

   The Temu platform first went live in the United States in September 2022, and ran ads during the February 2023 Super Bowl. [19] In March 2023, Temu launched in Australia and New Zealand. [1] In the following month, Temu launched in France, Germany, Italy, the Netherlands, Spain, and the UK. [3] Temu eventually expanded into the Latin American ...

4. Price war: Amazon excludes rival Temu from competitive price ...

   www.aol.com/news/price-war-amazon-excludes-rival...

   NEW YORK (Reuters) -Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn't ...

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

6. How Do You “Team Up, Price Down”? Temu Innovates a ... - AOL

   www.aol.com/news/team-price-down-temu-innovates...

   The name “Temu” is short for “Team up, price down,” reflecting Temu’s focus on using economies of scale to continuously drive down costs and prices for consumers.

7. Price skimming - Wikipedia

   en.wikipedia.org/wiki/Price_skimming

   Price skimming. Price skimming is a price setting strategy that a firm can employ when launching a product or service for the first time. [1] By following this price skimming method and capturing the extra profit a firm is able to recoup its sunk costs quicker as well as profit off of a higher price in the market before new competition enters and lowers the market price. [1]

8. Name your own price - Wikipedia

   en.wikipedia.org/wiki/Name_your_own_price

   Name your own price (NYOP) is a pricing strategy [1] under which buyers make a suggestion for a product’s price (unlike the traditional way where sellers quote a certain price) and the transaction occurs only if a seller accepts this quoted price. [2]

9. Temu’s Affordability Explained: Parent Organization PDD ...

   www.aol.com/temu-affordability-explained-parent...

   As of September 30th, 2022, their trailing twelve-month financial results showed a revenue of $17 billion USD, a profit of $5.2 billion, and net cash of $17.2 billion. As of February 3rd, 2023 ...