After underestimating Pinduoduo, Amazon is acutely aware of the growing threat posed by Temu. In a 2018 letter to shareholders, Pinduoduo described itself as “not a traditional company.” At the time, ...
Chinese online marketplace Temu has recently started using local warehouses in Europe. In the future, the company wants 80 percent of all European orders to be shipped from local warehouses. Temu ...
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