Temu - TechWire

Temu

2025.06.12

06:01

Oracle (ORCL.N) executives: A contract has been signed with Temu, and Temu is migrating its infrastructure to the Oracle cloud platform.

05:54

Market news: Oracle (ORCL.N) signs huge cloud contract with Temu.

2025.06.10

11:52

Why did Meituan expand into Brazil? Wang Xing: Brazil ranks fifth in terms of food delivery scale, and almost all major Internet companies in China have invested in it

Recently, Meituan's shareholders meeting was held at Hengdian Building, Meituan's headquarters in Beijing. During the question-and-answer session, Wang Xing responded to why Meituan wanted to vigorously develop the Brazilian market. Wang Xing mentioned that Brazil is a large economy and one of the original four BRICS countries. In terms of area, Brazil is the fifth largest in the world, in terms of population, Brazil is the seventh largest in the world, and in terms of economic size and GDP, it is around ninth. However, its takeaway development is good, and it ranks fifth in terms of the current takeaway scale. So Brazil is a market with great potential. On the other hand, Brazil's economic and trade relations with China are relatively stable. So we are optimistic about the Brazilian market. But on the other hand, we will not be particularly anxious. First, it is very far away, and the language and culture are very different. In addition, as a big country, Brazil itself has very strong Internet companies. The relative advantage is that Brazil is generally open, whether it is European and American brands, Japanese brands, or Chinese brands, there are already many layouts there. If you pay attention, you will see that almost all major Chinese Internet companies have already invested a lot in Brazil, whether it is Shein, Temu, and the previous Kuaishou, or even Didi, Chinese smartphone brands, home appliance brands, and even car brands have invested a lot in Brazil. In the future, more cooperation will be formed to jointly build the visibility and reputation of Chinese companies in Brazil.

2025.05.13

05:11

Trump officially maintains 120% cheap goods tax on China, hitting Shein and Temu

2025.05.03

10:19

Temu halts shipping direct from China as de minimis tariff loophole is cut off

2025.04.26

16:53

US e-commerce platforms collectively raised prices, with prices of nearly 1,000 products on Amazon rising significantly

Trump's recent tariff policy has led to an increase in global trade tensions and increased operating costs for merchants. According to a U.S. media report on April 25, many merchants on e-commerce platforms such as Amazon in the United States have begun to increase the prices of their products. According to data provided by a price analysis agency, since April 9, the prices of nearly 1,000 products on Amazon's website in the United States have risen significantly, covering multiple categories such as clothing, household goods, electronic products and toys, with an average price increase of nearly 30%. Several cross-border e-commerce platforms including Temu and Xiyin have issued announcements stating that due to the increase in operating costs caused by "recent changes in global trade rules and tariffs", price adjustments will be implemented starting April 25. There are also a large number of American netizens on social media who lamented that everything in the shopping cart has become more expensive overnight.

2025.04.18

17:45

Xiyin and Temu informed US consumers of price increase from April 25: tariff changes lead to higher operating costs

Affected by the US tariff policy, two well-known e-commerce platforms are about to adjust prices in the United States. Recently, clothing e-commerce platform SHEIN and Pinduoduo's cross-border e-commerce platform Temu issued a notice on their official website stating that due to recent changes in global trade rules and tariffs, operating expenses have increased. In order not to reduce quality, price adjustments will be made from April 25, 2025. Before April 25, prices will remain unchanged. "Since we began serving American shoppers, our goal has been simple: to provide high-quality fashion products at affordable prices while making a positive impact on the communities we serve." Temu issued an almost identical notice, saying that its operating costs have risen, so it will increase prices starting next week. The company also added that before then, prices will remain unchanged. However, neither platform disclosed the details of the increase.

02:11

Temu and Shein have announced plans to raise prices in response to the tariffs

2025.04.11

09:48

Temu replaces Allegro as Poland's most visited e-commerce platform

Pinduoduo's overseas e-commerce platform Temu surpassed Allegro.eu in the local market to become the most visited e-commerce platform in Poland. According to research firm Gemius Mediapanel, the actual number of users of Temu's mobile application in Poland was 18.1 million in March, while the actual number of users of Allegro was 17.8 million, which was the first time that Allegro was surpassed by its competitors. Allegro's customers spent twice as much time on its website and mobile application as Temu's customers.

2025.03.25

12:52

Temu and cross-border payment platform dLocal reach strategic cooperation

Cross-border payment platform dLocal announced a strategic partnership with global e-commerce platform Temu. The two parties will focus on 14 emerging markets such as Mexico, Colombia, and Uruguay, and provide local consumers with a seamless shopping experience by developing localized payment solutions. In addition, the cross-border payment platform dLocal will tailor payment solutions that meet the consumption habits and payment preferences of local consumers in Africa, Asia, and Latin America based on the different characteristics of multiple emerging markets.

2025.02.13

21:10

It is reported that TikTok's US e-commerce has set a 200% growth target

It is reported that TikTok e-commerce achieved sales of over 40 billion US dollars in 2024, with an increase in market share in Southeast Asia, but the performance in the United States was lower than expected. According to media reports, Pinduoduo's overseas e-commerce platform Temu had sales of over 52 billion US dollars last year. In the new year, the TikTok e-commerce team has set a growth target of nearly 100%. Among them, the US market has been placed with the most expectations, with a growth target of nearly 200%.

2025.02.10

14:08

Temu said to prepare for direct entry into Korean market

Temu, a subsidiary of Chinese e-commerce giant Pinduoduo, appears to be preparing for its direct entry into the South Korean market, according to Yonhap News Agency.

2025.01.11

02:49

Cross-border e-commerce has grown more than 10 times in 5 years and has become a new engine for foreign trade development

Data shows that in the first three quarters of 2024, the total import and export volume of China's cross-border e-commerce reached 1.88 trillion yuan, an increase of 11.5% year-on-year, setting a record high. According to this data, it is not difficult to infer that the scale of cross-border e-commerce in 2024 may set a new record. The "2024 Cross-border E-commerce Industry Data Report Blue Book" (hereinafter referred to as the "Blue Book") released by the Shenzhen Cross-border E-commerce Association shows that the number of cross-border e-commerce companies in my country has exceeded 120,000, with more than 30,000 registered trademarks overseas, and the scale of trade has increased more than 10 times in the past five years. Looking back at 2024, with the profound changes in the market environment, the cross-border e-commerce industry is also surging. On the one hand, emerging platforms such as Temu and TikTok continue to conquer cities and the semi-hosting model sweeps the entire cross-border e-commerce circle; on the other hand, the potential of emerging markets is constantly released, and cross-border e-commerce companies are making full efforts to layout. What is more noteworthy is that with the advent of the AI era, the entire industry chain of cross-border e-commerce is facing new opportunities and challenges, and the industry is ushering in a critical period of development and change.

2025.01.02

18:05

Mexico's new tariffs may affect Temu, Shein

Mexico's latest tariff policies may affect Temu and Shein, two major cross-border e-commerce platforms that focus on Chinese goods.

2024.12.30

07:25

New momentum for foreign trade is accelerating as cross-border e-commerce shipments are busy during the year-end shopping season

Nowadays, some overseas consumers have become accustomed to shopping on Chinese cross-border e-commerce platforms. With the arrival of the year-end shopping season, the number of packages from China in overseas regions has increased significantly. According to market research firm GFK, Chinese cross-border e-commerce platforms such as Temu, SHEIN, and AliExpress will ship about 4 billion pieces to EU countries throughout this year. The "Overall Plan for Deepening Comprehensive Reform of International Trade in Yiwu City, Zhejiang Province" recently issued by the National Development and Reform Commission proposed to reasonably optimize cross-border e-commerce rules that reflect the wishes and interests of small and medium-sized enterprises and platform parties. Experts said that in recent years, with the introduction of a series of supporting policies, cross-border e-commerce has been actively innovating and has gradually developed into an important force in continuously promoting the high-quality development of foreign trade.

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