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Temu (/ ˈ t iː m uː / ⓘ TEE-moo) is an online marketplace operated by the Chinese e-commerce company PDD Holdings, which is owned by Colin Huang. [9] [8] [10] It offers heavily discounted consumer goods [11] mostly shipped to consumers directly from China.
Temu operates as an online store, carrying cut-price merchandise from self-employed sellers. More than 100,000 of them are based in China , according to Marketplace Pulse, a research firm.
Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores including industry leader Dollar General, according to the ...
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Temu, the No. 1 daily downloaded e-commerce app in America, is making waves with its Big Game commercial that suggests that consumers can afford to shop like billionaires on its online marketplace.
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The e-commerce platform did just as well on a full-year basis. Total revenue for 2023 increased to 247.6 billion yuan ($34.4 billion,) 90% higher than the previous year. Net income rose 93% to hit ...
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