Temu | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Temu is an e-commerce company founded in 2022 in Boston, Massachusetts. It connects consumers with millions of merchandise partners,...
Temu is an e-commerce company founded in 2022 in Boston, Massachusetts. It connects consumers with millions of merchandise partners, manufacturers, and brands, offering a wide selection of quality products at near wholesale prices. With a mission to empower consumers and merchandise partners, Temu operates in over 70 countries and is known for its low prices and extensive product range, including fashion, electronics, homeware, and more.
Website
Headquarters
Boston, Massachusetts
Size
501-1000 employees
Industry
Technology, Information and Internet
🛍️ Temu Product and Pricing News →
👔 Temu CEO, Management and Leadership Team →
⚔️ Temu Alternatives and Competitors →
💼 Temu Hiring and Layoffs →
🤖 Temu Developer, Integration and Automation News →
📈 Temu Financials, Fundraising and Valuation News →
🛍️ Temu Product and Pricing News
- Temu is preparing for a 2026 trial at London's High Court against Shein over copyright and competition claims.
- In late September, Temu, an e-commerce platform owned by Chinese PDD Holdings, began operations in Vietnam, allowing users to shop and pay in Vietnamese, but only filed for official registration with the Ministry of Industry and Trade on October 24.
- Temu's operator, Elementary Innovation Pte. Ltd., completed tax registration in Vietnam on September 4, 2024, and will file quarterly revenue reports starting with Q3 2024.
- On October 31, the European Commission launched an investigation into Temu's commercial practices due to concerns about potentially dangerous products and the app's addictive nature.
- Temu is under investigation by the European Union for allegedly failing to prevent the sale of illegal products on its platform.
- EU tech regulators are investigating Temu for potentially breaching rules against selling illegal products and for its addictive service design, which could result in significant fines.
- Temu removed copied versions of Welsh firm's cards from its site after being alerted to potential infringements.
- Temu has become the fourth most popular online shopping destination in Switzerland, surpassing AliExpress and gaining significant traction among Swiss consumers.
👔 Temu CEO, Management and Leadership Team
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Director of Business Development
[email protected] -
BD & Commercial Director[email protected]
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Commercial Director[email protected]
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BD Director E-commerce Temu[email protected]
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Senior Vice President of Business Development in Temu
⚔️ Temu Alternatives and Competitors
- Wish |
- AliExpress |
- Joom |
- DHgate |
- Shein |
- Alibaba |
- Amazon |
- eBay |
- Etsy |
- Flipkart |
- Walmart |
- Banggood
💼 Temu Hiring and Layoffs
- Wenchi (Vince) Yu, CPA has joined Temu as Director of Business Development in Australia, previously holding a position at another company.
- Temu is hiring a new Talent Acquisition Manager in Shanghai.
🤖 Temu Developer, Integration and Automation News
📈 Temu Financials, Fundraising and Valuation News
- Temu's user base reached 91% of Amazon's in August, driven by a low-price strategy and efficient logistics, and it topped iOS shopping app downloads in the US in Q3.
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