Temu Archives - Pandaily

Temu’s Semi-Hosted Japan Site Will Officially Launch on August 27

Temu's semi-hosted Japan site will officially launch on August 27. The sites for South Korea and Mexico will also be opened gradually by the end of the month.

TEMU Semi-Hosted Model Will Soon Open Japan and South Korea Sites

TEMU is about to launch a semi-hosted service in Japan and South Korea soon.

Merchants Stage Protest at Temu’s Guangzhou Office Over High Penalties and Withheld Payments

Around 200 small and medium-sized merchants recently staged a protest at the Guangzhou headquarters of Temu, expressing grievances over substantial penalties inflicted by the platform.

Temu Opens OBM Settlement Channel Mainly Targeting Chinese Clothing Brand Merchants

Pinduoduo's cross-border e-commerce platform Temu officially launched the OBM channel and has opened up recruitment in clothing.

Temu Reaches 50 Countries and Plans for Increased R&D Investment

Pinduoduo's cross-border e-commerce platform, Temu, has expanded to 50 countries since 2022, revealed Chairman Chen Lei.

Pinduoduo’s Temu Sees Explosive Growth in South Korea with Aggressive Marketing Strategies

The number of registered users of Temu in South Korea has increased from 520,000 in August last year to 5.7 million in January this year, nearly tenfold in six months.

Temu Thrives in the Japanese Market

Pinduoduo's cross-border e-commerce platform Temu has rapidly gained traction in the Japanese market since its launch in July 2023, boasting 15.5 million users by January 2024.

Temu’s Advertisement Appeares in the Super Bowl, Costing $230,000 Per Second

Temu has invested heavily to broadcast advertisements during the Super Bowl and provide millions of dollars' worth of giveaways, hoping to continue driving its sales growth in the US.

Many Businesses Join Alibaba.com Station Semi-Hosted Model

Alibaba.com revealed the latest data since the launch of its first cross-border B2B semi-hosted platform. Many merchants signed up on-site to settle down during the investment promotion conferences.

Temu Introduces Semi-Hosted Model for Improved Merchant Operations

Pinduoduo's cross-border e-commerce platform, Temu, is set to introduce a semi-hosted model, targeting sellers who possess overseas warehouses and local dispatch capabilities.

Temu Officially Launches Its South African Site

On January 17th, Temu, a cross-border e-commerce platform under Pinduoduo, officially launched its South Africa site. This is also the 49th country that Temu has entered since its launch in September last year.

J&T Express Establishes New Collaboration with Temu

Chinese logistics service provider J&T Express is currently negotiating a new collaboration with Temu, shifting its focus from providing an "end-to-end" full-chain solution to concentrating on last-mile delivery services.

Pinduoduo Q3 Financial Figures Exceed Market Expectations

Pinduoduo's revenue reached 68.84 billion yuan in Q3, 2023, a 93.9% increase from the same period last year, nearly doubling, and a net increase of nearly 16.6 billion yuan from 52.281 billion yuan in the second quarter, far exceeding market expectations.

Temu Surpasses Quarterly GMV of $5 Billion, Potentially Exceeding Annual Targets

Based on its performance in the first nine months of the year, with the arrival of "Black Friday" and Christmas, Temu may well exceed its annual GMV target of $15 billion.

Pinduoduo’s Cross-border E-commerce Platform Temu Charges A Service Fee of 0.5％

Recently, Temu has introduced a new agreement to sellers. The 0.5% service fee rate mentioned in the agreement is interpreted as a signal that the platform will start charging commissions.

TikTok Undergoes Business Adjustments, Ramping up E-commerce Efforts

TikTok's e-commerce business has undergone business adjustments in the past few months. Notably, the platform has introduced a new model for its e-commerce project codenamed Project S. In simple terms, Project S operates with a full custody model. Under the model, merchants are only responsible for supplying goods, while the platform covers operations and fulfillment.

Temu’s Next-Gen Manufacturing Seeks to Drive Down Prices for Consumers by Reducing Waste

Temu has been in the media spotlight since its launch in the US last September. The online marketplace, which is known for its wide selection of quality and affordable merchandise, has since expanded to Canada, Australia, and New Zealand in quick succession.