Amazon, Alibaba and other global e-commerce websites have a new competitor.
Temu was founded in 2022 by Colin Huang , a Chinese auctioneer list of russian consumer email and investor . The app is owned by PDD Holdings and has already sold millions of products in the growing e - commerce market .
Today, TEMU is the leader in downloaded apps , with billions of users and annual revenue of over $ 6 billion.
Temu offers solid discounts on many products , which are mainly shipped from Chinese factories and warehouses .
In addition to incredibly low prices , Temu 's popularity is also determined by an interesting strategy - the application offers free gifts to users who care about its popularity on social networks , register friends and family members .
However, shortly after the app's release , Temu 's reputation took a hit.
Subscribers cite several reasons for dissatisfaction
▫︎ low quality
▫︎ Orders delivered by mistake
▫︎ Items that have not arrived
And yet , for now , Temu offers big discounts on various products , and as you know, the price is often the deciding factor when ordering.
Internet shopping lovers do not even realize that in seconds the basket is filled with mostly useless items.
