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He said Temu had opened the door to overseas e-commerce for him and a “huge number” of other Chinese sellers by taking care of everything once their items arrive at a company warehouse in China.
Online shopping site Temu has faced tough questions before about its business practices. Now it has a new problem: a backlash from independent merchants based in China who sell their products on ...
Temu requires its sellers to offer their products at prices lower than those found on AliExpress. [37] When multiple sellers offer the same product, Temu authorizes only the one with the lowest price. [37] Items not meeting Temu's minimum sales requirements (30 pieces and $90 in 14 days) are removed from the platform. [37]
The Better Business Bureau, however, gives Temu just a "C Plus" rating due to more than 900 complaints in just a year about late deliveries, damaged items and other issues.
A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, [1] but not cash, which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. [2]
A cashierless store (also called a till-less store, checkout-free store or just walk out store) is a store which allows customers to shop their products and leave without having to wait in line and pay at a checkout. [1] [2] Cashierless stores can currently be found in the United States, Asia, Europe, the Middle East, and Africa.
Employees at Temu work long hours in the vein of the 996 work week popular among China-based internet companies–that’s work hours of 9 am to 9 pm, 6 days a week.
Price adjustments, also called price protection, is a retail practice in which customers can obtain a partial refund of the purchase price of an item if they can show it on sale at a lower price within a fixed time frame.