How Temu Is Becoming a Serious Competitor to Amazon and Walmart | WSJ

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Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. in just over a year. The retailer has flooded social media feeds with curious consumers and even aired ads at back-to-back Super Bowls. In 2023, the discount retail app moved about $17 billion worth of goods between manufacturers and customers across the Pacific.

WSJ breaks down how its continued growth could redefine online retail, just like Amazon’s speedy delivery did.

Chapters:
0:00 Temu’s popularity
0:35 Temu’s explosive 2023
3:00 How Temu can redefine e-commerce
5:57 Temu’s future

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44 COMMENTS

  4. I bought a phone holder there when they first went online, for ~1$… Still works great. You have to know what to get and what to stay away from on there.

  6. Never ordered from any of these sights. Cheap trash. Why bother. There are plenty of quality sites that sell brand names at discounts. One just has to look and be patient. Plus how much stuff can one own??? I get what I need and I try to look for quality stuff that lasts. If the price is to good to be true it usually is.

  9. Y'all theyre the same manufacturers, amazon upcharges.
    Mostly all manufacturers are on alibaba including those stanley cups that our popular now.
    Temu is faster than aliexpress but just a bit slower than amazon.

  20. American department stores have always sourced from cheap places, reselling to us at super high markups. Now we see news about temu because we consumers can get the items at closer to wholesale prices, so the big brands and retailers like Amazon are crying. Too bad.

  23. Temu was always bad, but now they are even worse. I placed a $300 order on March 3, 2024. Of that, only $50 worth of goods arrived. They others showed as having shipped and having been delivered, but did not. Only 1 package of the 3 that Temu said they shipped arrived. Temu says they issued a refund but I have to wait 30 days to see if I receive one. They send broken products, cancel items without notifying you, but charge you for them anyway and get you on their IMPULSE buying scam offering ridiculously low prices because they will not be sending those items, but will confuse you since it typically takes about two to three weeks for shipments to arrive from China. Buyer BEWARE! Temu is dirty, dishonest company. Do NOT Trust Temu. Today is March 20, 2024. I used their Customer Service Chat function seeking relief from this debacle. Not a happy experience.

  26. Temu belongs to pinduoduo a cheap wholesale e-commerce network in China 😅 haha yes I said China 🇨🇳 . It’s common for low China’s middle class. It’s known for its cheap product. It’s individually owned by named huang cheng(Chinese billionaire). Guess what, as an African student who studied in China, later came for re-union with my family here is USA. There is a lot of story behind I can tell you. I know what China is.

  31. Nowdays im constantly seeing their ads but no way im buying. They remind me of Wish when i ordered a products that wasnt good quality & different from pics. Unfortunately these companies contribute more to landfills than before.
    We consumers need to really think: Do i really need this or am i impulse buying??

  33. Basically, if you can’t pay the overload,google, a fortune for ad spend, you won’t last against the giants. Businesses used to have an option in where they advertised like newspaper, the yellow pages, radio, etc. but now if your ads aren’t on google, you’re a ghost. This is going to kill off a lot of small businesses.

  37. If I or my pension fund can't buy shares in a billion dollar organization i don't do business with it. We are in a time of growing 'latifundium'… look it up.

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