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,...


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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 →

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


🛍️ Temu Product and Pricing News

  • Vietnam demands Temu register by November or face a nationwide block due to concerns over deep discounts and counterfeit goods.
  • Vietnam has warned Temu to register with the government by the end of November or face blocking of its internet domains and apps in the country.
  • Baofali 4-in-1 Microfiber Crib Safety Bumpers, sold exclusively on Temu.com, have been recalled due to a violation of the federal crib bumper ban and pose a suffocation hazard.
  • On November 8, 2024, the European Commission and national consumer authorities notified Temu of practices on its platform that infringe EU consumer law and requested compliance.
  • The Irish competition regulator is investigating Temu for potential consumer law breaches, including misleading practices and fake discounts.

  • 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 is preparing for a 2026 trial at London's High Court against Shein over copyright and competition claims.
  • 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.

👔 Temu CEO, Management and Leadership Team


⚔️ Temu Alternatives and Competitors

  • Wish
  • |
  • AliExpress
  • |
  • Joom
  • |
  • DHgate
  • |
  • Shein
  • |
  • Alibaba
  • |
  • Amazon
  • |
  • eBay
  • |
  • Etsy
  • |
  • Flipkart
  • |
  • Walmart
  • |
  • Banggood

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


💼 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 currently seeking a Customs Operation Manager in the Netherlands (Remote).
  • Temu is hiring a new Treasury Manager in Dublin.
  • Temu is hiring a new Talent Acquisition Manager in Shanghai.


🤖 Temu Developer, Integration and Automation News

  • Temu, in partnership with SKUPREME, helps U.S. sellers streamline fulfillment operations with automated order routing and real-time inventory management.


📈 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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