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Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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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

• Ukraine's state postal service Ukrposhta has partnered with Temu to deliver 1.5 million parcels, with 80% arriving within three days.
• Temu is working with the Australian consumer watchdog to sign a voluntary product safety pledge after an incident where an eight-year-old was badly burnt by a jumper sold by the company.
• Mexico's new 19% import tax on courier services from countries without free-trade agreements impacts Temu, creating opportunities for established players like Amazon and MercadoLibre.
• SARS has closed a tax loophole for Temu and Shein, requiring customers in South Africa to pay full import taxes on all orders.
• Temu is hiring in Spain, Italy, Portugal, and Poland.

• Temu España is planning to launch an interesting product at a premium price, according to Dingkai F., Senior Business Development Manager.
• Temu offers a €100 voucher package and additional discounts for new app users with qualifying orders.
• Shopping on Temu offers a chaotic experience with varying product quality and numerous deals, but provides decent value for computer peripherals.

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