Temu

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Questions and Answers

What makes Temu different from other online shopping apps?

Temu offers a wide range of unique and affordable products at incredibly low prices.

What are some examples of the unusual products offered by Temu?

Some examples include a chicken-shaped lamp and a toilet paper holder in the shape of a smiling velociraptor.

Besides quirky products, what other types of items does Temu offer?

Temu also offers everyday essentials such as cleaning products, smartwatches, novelty T-shirts, knock-off sneakers, and barbecue tools.

Where has Temu expanded its reach since its launch in the US?

<p>Temu has expanded to Canada, several European countries, Australia, and New Zealand.</p> Signup and view all the answers

What percentage of the US market has Temu captured?

<p>Temu has captured over half of the US market.</p> Signup and view all the answers

What nickname did Temu earn during last year's Black Friday sales?

<p>the price butcher</p> Signup and view all the answers

What is the current total value of products sold on Temu's site?

<p>US$400m</p> Signup and view all the answers

Which two companies are currently involved in a legal battle over alleged anti-trust activity?

<p>Temu and Shein</p> Signup and view all the answers

What is Shein's accusation against Temu?

<p>Misleading consumers by creating the impression that they are the same brand</p> Signup and view all the answers

What is Temu's accusation against Shein?

<p>Engaging in exclusionary practices that hinder its own growth</p> Signup and view all the answers

Flashcards

What distinguishes Temu?

Temu provides a diverse selection of unique and budget-friendly items at very competitive prices.

Examples of Temu's unusual products?

Examples include a chicken-shaped lamp and a velociraptor toilet paper holder.

Other types of items Temu offers?

Temu also offers everyday items like cleaning supplies, smartwatches, T-shirts, sneakers, and barbecue tools.

Where has Temu expanded?

Temu has expanded to Canada, several European countries, Australia, and New Zealand.

Signup and view all the flashcards

Temu's market share in the US?

Temu has captured over half of the US market.

Signup and view all the flashcards

Temu's Black Friday nickname?

Temu earned the nickname "the price butcher" during last year's Black Friday sales.

Signup and view all the flashcards

Total value of products sold on Temu?

The current total value of products sold on Temu's site is US$400m.

Signup and view all the flashcards

Temu's accusation against Shein?

Temu accused Shein of exclusionary practices hindering its growth.

Signup and view all the flashcards

Shein's accusation against Temu?

Shein accused Temu of misleading consumers by creating the impression that they are the same brand.

Signup and view all the flashcards

Companies in legal battle?

Temu and Shein are currently in a legal battle over alleged anti-trust activity.

Signup and view all the flashcards

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