As a member of this global conglomerate, Temu has access to an advanced network of leading manufacturers and suppliers around the world.
November 18: Temu is the newest e-commerce site shaking up the market, thanks to the platform’s wide range of high-quality goods and categories at extremely affordable prices. Temu is a US-based online marketplace under the Nasdaq-listed PDD Holdings, a multinational conglomerate.
As a member of this global conglomerate, Temu has access to an advanced network of leading manufacturers and suppliers around the world. PDD Holdings serves about 900 million customers worldwide and handled over 61 billion orders in 2021 alone. It has generated a profit of US$2.2 billion in 2021.
Where Is Temu Headquartered in the U.S.?
Headquartered in Boston, Massachusetts, the e-commerce newcomer has been delighting shoppers from all walks of life since its launch in September 2022. By offering irresistible deals and attractive prices, the site has already gained the trust of millions of avid consumers in the country.
With the mission of making global products more accessible, the cross-border e-commerce platform strives to empower every consumer in their shopping choices, giving them more ways to improve their quality of life as they live the American dream.
How Temu Leverages on PDD Holdings’ Capabilities
As a member of PDD Holdings, Temu has a great advantage over other e-commerce sites as the platform is able to leverage on its sourcing and fulfillment systems.
This means that Temu has access to a wider network of high-quality global products than its competitors, and can provide better experiences for on-time order fulfillment as well. Through this advantage, and the group’s pioneering Next-Gen Manufacturing approach, Temu is able to offer shoppers an elevated shopping experience — from browsing, ordering and all the way to delivery and after-sales service.
With fast-improving delivery times, super-responsive customer service, and what Wired magazine calls “mind-bending prices,” Temu is betting that there is a big enough niche for its brand of wholesale prices at any time, anywhere, and in any quantity.
What Can Shoppers Expect From Temu App?
With a high-quality selection of products and categories updated daily, shoppers can expect to discover items that are specially created to complement their lifestyle choices and activities. This is made possible by Temu’s Next-gen Manufacturing approach, a unique model where manufacturers are able to accurately gauge the preferences and interests of shoppers, and produce relevant products applicable to every consumer. This groundbreaking model allows Temu to offer a wide selection of goods on the site, delighting shoppers with highly curated lists specially made for them.
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