Temu floods the market with a new strategy
Temu, owned by China’s PDD Holdings, is expanding its marketplace to include sellers with US warehouses to compete with Amazon, reducing delivery times and expanding its product range.
Temu, part of Chinese e-commerce company PDD Holdings, has announced its new strategy to beat Amazon. According to Insider’s report, the online store now includes sellers with American warehouses in its marketplace.
Previously, Temu used a “managed marketplace” model where products were shipped from warehouses in China. Thanks to the new approach, US sellers can now order and ship products themselves. In this way, Temu can reduce the delivery time and promises “faster delivery” for products coming from American warehouses.
Related news
Amazon Launches Low-Cost Grocery Delivery Subscription Plan In The US
E-commerce giant Amazon.com has launched a new grocery delivery subscription…
Read more >
Magyar Posta dissociates itself from the responsibility of checking the contents of “spoofed packages”
Magyar Posta distances itself from responsibility for checking the content…
Read more >
eMAG accepts same-day delivery in Budapest and Pest County
eMAG has made significant logistical improvements, thanks to which orders…
Read more >Related news
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >
The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >
Mother’s Day gifts on sale from Tesco
In Hungary, we celebrate Mother’s Day on May 5 this…
Read more >
