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Temu

🌎 temu.com

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.

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Temu - Latest News and Updates

• Temu has entered the Nigerian e-commerce market with a low-cost, direct-from-manufacturer model, challenging local players like Jumia, Konga, and Jiji.
• Temu is now allowing UK/EU brands and sellers to join its platform, offering UK-based products that can be delivered in one to two days, enhancing competition with high street retailers.
• Temu is entering the South African e-commerce market alongside Shein and Amazon, using the country as a gateway for regional expansion into sub-Saharan Africa.
• Temu has entered the Nigerian e-commerce market with its direct-from-manufacturer model, aiming to offer affordable and convenient shopping while challenging established players like Jumia and Konga.
• Temu released its first transparency report in the EU, revealing 16.4 million monthly users in Germany, its largest EU market.

• Temu has opened store registration for local sellers in Mexico by invitation only, as announced by Lavender Xu, Senior Business Development Manager.
• Temu is undergoing a strategic transformation to become a marketplace that values local products and improves quality, inviting French-made products to join as partners with exclusive benefits.
• Temu has launched a 'local' initiative in the UK, recruiting UK-based suppliers to sell stock and reduce shipping times to one or two days, increasing pressure on high street competitors.
• Temu has rapidly gained popularity in Nigeria due to its affordable prices, wide product variety, and aggressive advertising.
• Jack Peng has joined Temu as Senior Business Development Manager after leaving his role as Head of Marketplaces at Aosom Germany.

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