How Temu’s Explosive Growth Is Disrupting American E-Commerce

How Temu’s Explosive Growth Is Disrupting American E-Commerce | WSJ

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Күн бұрын

Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. in just over a year. The retailer has flooded social media feeds with curious consumers and even aired ads at back-to-back Super Bowls. In 2023, the discount retail app moved about $17 billion worth of goods between manufacturers and customers across the Pacific.
WSJ breaks down how its continued growth could redefine online retail, just like Amazon’s speedy delivery did.
Chapters:
0:00 Temu’s popularity
0:35 Temu’s explosive 2023
3:00 How Temu can redefine e-commerce
5:57 Temu’s future
News Explainers
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#Temu #Ecommerce #WSJ

Пікірлер: 1 800

@wsj 3 ай бұрын

Temu’s parent company spent nearly $2 billion at Meta last year and was a top advertiser at Google. Read more about how Temu’s push into America is paying off big for Meta and Google: bit.ly/4ccJsOq

@thejeffinvade 3 ай бұрын

Temu will replace dollar tree and dollar general, but not Walmart or Amazon.

@MagnusElpron 3 ай бұрын

Wish was the exact same app, real report should have been what happened to it and how it got replaced

@endgamefond 3 ай бұрын

1.7 billion?! WHAT! No wonder they get famous.

@victoriacooper6892 3 ай бұрын

They will no longer need to spend that much on Ad

@timoooo7320 3 ай бұрын

But why is PDD stock doing bad?

@ropro9817 3 ай бұрын

"Amazon focuses on speed where Temu focuses on price." Why can't anyone focus on quality? There's so much trash products on both that will end up in landfill within 2 years. 😒

@klj6723 3 ай бұрын

JD quick and quality But more expensive

@infini.tesimo 3 ай бұрын

Because y'all can't afford quality made.

@solidamanda 3 ай бұрын

@@infini.tesimo 2 years? you are being very generous. I'd say its trash from the moment i opened the package

@johnl.7754 3 ай бұрын

Amazon has quality brands just people aren’t willing to pay for it a lot of the time

@ssuwandi3240 3 ай бұрын

Amazon fulfillment costs are definitely on the high end range and that's a possible model for Amazon owned brands. Temu strictly is about a marketplace operator with a much more simple integration model.

@emu256 3 ай бұрын

The secret is out. Amazon Sellers used to buy from companies like temu and sell it on Amazon for 3-4 times the cost

@Mcowling 3 ай бұрын

This is why after seeing anything on amazon I would always look it up on AliExpress to see the difference

@albert93911 3 ай бұрын

was never a secret. People have been doing this for ages with AliExp

@angelofdeath275 3 ай бұрын

its why I never bought much from amazon tbh. before temu I would shop from similar sellers on ebay

@omearica-rc6fp 3 ай бұрын

TEMU is a huge gamble. They charge you but do not send the products you ordered and items arrive BROKEN but they will not sent you replacements, even when they say they did. God help you if you expect them to refund you for missing items or entire packages even when they SAY they issued a refund. I was duped. I spent $300 and got only about $50 worth of the products I purchased. Cheaper to buy from Amazon and actually RECEIVE what I purchased. This morning I spent about an hour on their website Chatting with their Customer Service Bots hoping to recover something. PS THEY TAKE AN AVERAGE OF ABOUT 17 TO 20 DAYS TO DELIEVER IF THEY ACTUALLY DELIVER AT ALL. They are scum. They are rip off artisist.

@ichbinnichtich 3 ай бұрын

It was never a secret

@DonJuanMair 3 ай бұрын

Are we supposed to feel sorry for Amazon? They put so many small businesses out of business.

@triple7marc 27 күн бұрын

The market preferred Amazon to those small businesses, obviously.

@AlexPerazaTV 26 күн бұрын

@@triple7marc The market prefers Temu to Amazon, obviously.

@triple7marc 26 күн бұрын

@@AlexPerazaTV Yep.

@benjamincaron46 25 күн бұрын

Temu = Amazon BYD = Tesla TikTok = Instagram

@Wild4lon 6 күн бұрын

@@triple7marc are you being serious?

@arjundureja 3 ай бұрын

This business model is not new, Aliexpress has been doing it for over a decade, and has been very successful. Temu just spends a lot more on marketing.

@metalfly. 3 ай бұрын

Not quite, Temu also take a huge loss on delivery since they do it by air, so they can deliver much faster than Aliexpress for same or lower price.

@user-tn4pr4gu3t 3 ай бұрын

They are not aiming to make money, but rather go IPO in Wall Street and make tons of money that way and just let it rot later because they know the trash low quality products don’t have a sustainable business in the long run but go public is a quick way to get rich.

@ChyeHeng17 3 ай бұрын

If it's just as easy as 'spending more on marketing', Aliexpress wouldn't be able to have Temu as its competitor. lol..

@theonlycaulfield 3 ай бұрын

@@metalfly.They also pay people, including my teenage brother and his high school friends who have never bought anything, to watch ads on the site. I'm guessing that these non-purchasing users who just watch ads also factor into the large userbase.

@djmeredith6520 3 ай бұрын

I see Temu as a cheaper, reliable and more desireable contents that fit today's world. I have never had issues to return the Temu products that I jad issues with and was able to apply the credits to other items that I am interested in. Quite happy with their products so far!

@Wong-Jack-Man 3 ай бұрын

The irony is Amazons product was already mostly Chinese goods anyways. Sounds like a slow death for Amazon from direct to consumer.

@Asianevermore 3 ай бұрын

Slow death? They have all of AWS and built logistics hubs taking over UPS and fedex market shares.

@ElectroBlender 3 ай бұрын

China were getting globally subsidised mail.

@amandaamanda5398 3 ай бұрын

@@Asianevermore It doesn't make sense for UPS and Fedex to charge so much for very slow delivery. Things should have been done more efficiently.

@tomk5238 3 ай бұрын

Amazon doesn't actually make much money from e commerce. Their main income is web services.

@tf-ok 3 ай бұрын

@@tomk5238 As of 2022, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime.

@BillyGooding 3 ай бұрын

Billions of dollars of plastic junk going to landfill

@maxhill9254 3 ай бұрын

True!

@Johanneslol11 3 ай бұрын

it depends some products are really not bad from them.

@barcode9510 3 ай бұрын

There should be a world wide ban already on chinese platforms tiktok temu aliexpress garbage and ccp spyware

@Vifnis 3 ай бұрын

"Shop like a billionaire" Yea it's called a critic of late stage capitalism

@takkarwenja5982 3 ай бұрын

Yeah because before temu we never had this problem

@thomasbrown6970 3 ай бұрын

Temu is the online dollar store.

@mousebr549 3 ай бұрын

80% of goods on Walmart's shelves are from China. Chinese retailers have storefronts on Amazon. The only difference to consumers is if you want to spend a lot more for the same item. Amazon and Walmart are happy to charge you more. A LOT more.

@BRBallin1 3 ай бұрын

Exactly. Temu is cutting off the unnecessary middleman. A lot of Amazon storefronts simply rebrand the same product from the same Chinese manufacturer.

@ahe2988 3 ай бұрын

The “middlemen” also help to ensure suppliers meet minimum standards and sell products that comply w U.S. regulations and consumer safety laws. Amazon does not w all the vendors that sell shoddy and counterfeit stuff from China. Temu is like a marketplace filled of “JEBEJD” companies from the Amazon store selling fake and dangerous stuff.

@everybodyhasoul5438 3 ай бұрын

This. It was touched on but this report buried the lead: People are learning that paying more for Chinese manufactured products to middlemen on Amazon is unnecessary. End.

@mariealv4888 3 ай бұрын

At least those companies are giving you jobs in America. The Chinese government love temu and the idiots that buy theirs junk.

@jackthomas7134 2 ай бұрын

It's not fair to say that Amazon and Walmart are worth their price for the service and quality they provide!

@AbstractZombie-ed8fj 3 ай бұрын

Product on temu :$1.99 usd Identical product sold by an American seller: $10.99 It's not rocket science..

@magentika 2 ай бұрын

Ploy is to undersell stock to take over the market then go back to regular pricing. Their inital loss is being accounted for by knowing they will take over Amazon. Unless people stop buying from them.

@brotherbig4651 Ай бұрын

They are different. Not the same product.

@SOMEONE-eq5bu Ай бұрын

@@brotherbig4651 not true they are exactly same product labelled and named differently to appeal as it's different

@chancerc7523 Ай бұрын

In fact, the identical product--even same label/inside descriptive markings, when they could have easily changed that--was marked up 30x on Hudson's Bay lol! While hudson's Bay happened to have a sale for that product. (Some didn't and it was even more!)

@moonlightpaw5868 22 күн бұрын

@@brotherbig4651they all made in China

@tylersanders2388 3 ай бұрын

The other thing I think they missed in this analysis is that Temu offers standard free shipping across the board. That makes shoppers more willing to spend when the price they see is the price they spend. No $10 item that costs $6 more to ship.

@jessy1982 3 ай бұрын

There are some import tax sometimes but the free shipping is a huge relief vs Wish for example

@Cal97g 2 ай бұрын

It’s rampant consumerism

@monbeauparfum1452 Ай бұрын

You mean fhe end

@Trgn 9 күн бұрын

"We all live in America". Capitalism and excess consumerism have long reigned supreme as the prevailing ideology globally. More bad time coming for the global ecology and wildlives. Not that it's not already is so effed up beyond repair.

@ewed418 3 ай бұрын

the malls ate small businesses, amazon ate the mall, Temu ate amazon.

@god-son-love Ай бұрын

Not yet, not yet.

@fiona8651 Ай бұрын

It won’t last. Quality is rubbish

@kshinokevin Ай бұрын

Temu (established in 2022) is like Wish (established in 2011; some region in China) then.. "Temu killed Jeff Bezos' brand (& Etsy)." - The Buggles

@classikz 3 ай бұрын

I have zero interest in ordering from Temu, but competition is good for consumers.

@01029690320 3 ай бұрын

It's a monopoly not competition

@AdeleiTeillana 3 ай бұрын

Not when it drives the quality of everything down in an effort to compete with the cheap prices.

@Glorious_Kim_Jong_Un 3 ай бұрын

Really???? So everyone else has to pay taxes but Temu, from China found a loophole European / American companies cant use and they're GOOD for consumers? Are you insane?

@iqbalbhq6884 3 ай бұрын

@@Glorious_Kim_Jong_Unso dumb 😂

@minerbob4334 3 ай бұрын

@@AdeleiTeillanaThen another company will come in promising quality products. That's how a competitive market works buddy, stop fearing competition.

@TomHofmann 3 ай бұрын

Countries should impose a landfill tax on these low quality product market places.

@dxd42 3 ай бұрын

Hahaha free market... This US don't impose it on all corners of the world?😂

@user-yj8zw7hk6f 3 ай бұрын

landfill tax that eventually channels back onto end user cause this is real world... i used to believe taxation will make people comply too

@umbrellastudio7481 3 ай бұрын

meaning ordinary people pay more tax.

@badbadbadcat 2 ай бұрын

Suddenly the USA doesn't want a free market economy? It's free market only when it suits you or else taxation?

@datdang9113 2 ай бұрын

@@user-yj8zw7hk6f I think that's the point! The tax will increase the prices of cheap & trash products, making consumers think twice before making the purchase. If they can categorize the products that are likely cheap quality and will quickly end up in landfills, and impose high taxes on them

@hhch2 3 ай бұрын

Let this be a wake up call to how American e-retailers do business - namely Amazon. There are no benefits to the consumer if there is no competition.

@johnnygonzalez1907 3 ай бұрын

Respectfully I disagree with lots of people in the comments about Temu. I ordered from Temu before its heavy marketing and I can say the quality isn’t bad. Ironically the lots of pictures you find in Amazon or Walmart are the same ones in Temu for half of the price.

@trish4540 3 ай бұрын

Exactly!

@adjskitran478 3 ай бұрын

I can testify this.

@kylecyr8999 3 ай бұрын

Same ordered a few things from Temu quality is not bad and prices are pretty decent. I would say quality (At least with some stuff is on par if not better than amazon). The only thing i try to avoid buying is electronics.

@katek9903 3 ай бұрын

@@kylecyr8999totally agree with you. We bought few electronics and said never again. Everything else temu is good. Price and quality. Even shoes and clothing is good and 50% cheaper then Amazon

@yourleftnut814 3 ай бұрын

@@kylecyr8999true. i buy pretty much everything else except electronics. i have bought several dash cams from temu and never had issues though. i wouldn't buy something like a professional grade camera or lens from Temu though

@djp1234 3 ай бұрын

Looks like a more trashy version of aliexpress, with gambling gimmicks on their app.

@JavenarchX 3 ай бұрын

I know! I don't understand how Temu and Shein have even taken off. With Aliexpress around

@wakaneut 3 ай бұрын

@@JavenarchX Because of the prices and various item selections. People just buy many things out of curiosity and impulses.

@gildardo 3 ай бұрын

My impression as wheal.

@DeusVult77763 3 ай бұрын

@@JavenarchX GEN Z. My generation is the one eating up all these Chinese companies. TikTok, Shien and now temu. Most of us are broke young people so who want the lifestyle of our parents so they turn to these apps. Plus Temu knows that teens and young people are more susceptible to marketing and gambling gimmicks.

@14x7j4 3 ай бұрын

@@JavenarchXAli didn't advertise during the super bowl. American consumers get scared easily.

@steevthetech 3 ай бұрын

So. Much. Junk. 😢

@molamolalaaa2968 3 ай бұрын

Wise words

@AJ-jx5gm 3 ай бұрын

Quality control is almost non-existent for stuff on Temu. You can buy 10 of the same item & half can be trash. The worst case scenario is you get toxic goods that are hazardous to your health.

@ShortFunnyTales 3 ай бұрын

Amazon has same junk at 3 times more $$$

@Al-Storm 3 ай бұрын

Amazon has the same stuff, so does Walmart... So does pretty much every store in the US. The only difference is it's cheaper there.

@inthefuns 2 ай бұрын

I find quality is generally excellent- often better than Amazon.

@alp3781 2 ай бұрын

I gave T the chance and got some tools and pocket LED flashlights and no complains. It came after 6 days and products are good. I still use these great flashlights at work. They wining over me. I have Amazon Prime, as well. I am shopping now for an Action Camera on Temu.

@darrenisaacs1089 3 ай бұрын

I find it ironic how the US uses 5o topics of exploitative/cheap labor when addressing any companies that happen to be Chinese, but have no to little issues when their own US companies are the ones employing these same facilities to manufacturer their products

@clementdato6328 3 ай бұрын

US companies in China are more generous in money to their Chinese employees than Chinese counterparts. That is well known, from south of China i am speaking

@clementdato6328 3 ай бұрын

US companies in China are more generous in money to their Chinese employees than Chinese counterparts. That is well known, from south of China i am speaking

@jessy1982 3 ай бұрын

And also exploit Amazing warehouse workers as part of shipping them, and Amazon workers in customer service.

@clementdato6328 3 ай бұрын

In south of china, specifically US companies, in clothes production, pay more generously than the local counterpart. And their workers have more vacation. Your point is not exactly valid.

@jessy1982 3 ай бұрын

@@clementdato6328I think they meant the local companies also sell to American companies, the US doesn't also start its own branches in China, just uses the existing ones a lot.

@Adrian-zw6sc 3 ай бұрын

I guess I shouldn't be surprised at how many senseless gullible people there are that get suckered into buying such junk.

@jimliu2560 3 ай бұрын

If you don’t like it… don’t buy it…… ….but don’t bad mouth people who do…It’s their choice to buy…!

@308_Negra_Arroyo_Lane 3 ай бұрын

How many ridiculously overpriced cups of coffee at Statbucks have you been suckered into drinking?

@jimliu2560 3 ай бұрын

@@quantumbuddhist By your logic, forever21; Walmart, target,mcDonals; etc…should also be banned because their stuff winds up in landfills also. …and what about the “sole” people that drive SUVs; monster pickups; ; muscle cars; live in big houses; etc…?

@sfjava6239 3 ай бұрын

I love Temu

@johnd.5601 3 ай бұрын

@quantumbuddhist Go learn how to measure before you take a stand on what is and what isn't healthy for the environment. The sky isn't falling down. There has never been an environmental movement throughout history that didn't cause unnecessary suffering. In the 1900s they said there would be no more oil. Every time environmental protesters get involved human beings suffer and die. They have never been correct in their pessimistic prognostications.

@cdoe3395 2 ай бұрын

Remember in 2017 when Amazon made over 1 billion in profits and paid no tax and actually got a 200 million tax credit? Go Temu!!!!!!!! - They arent price gouging like Western e commerce

@alluminiumminimalium700 12 күн бұрын

The United States subsidizes Chinese imports which is the reason prices on Temu are so cheap. So in a way Temu is even worse than Amazon.

@GamerbyDesign 3 ай бұрын

Correction if your a social media user and do most of your browsing on mobile, Temu is everywhere. I am an internet user, primarily PC and I hardly see ad for that.

@chenson9587 3 ай бұрын

same, i avoid seeing temu and clicking temu things as much as possible

@user-yj8zw7hk6f 3 ай бұрын

outside of USA, always on phone, not seeing that as well. just here to check out the marketing strategies.

@vinesthemonkey 3 ай бұрын

most people still don't know about ad blocking!

@6laquemoon 2 ай бұрын

@@user-yj8zw7hk6f lol I watched for the same reason - marketing. I never see their ads because I only use social media from my laptop!

@AceDong 3 ай бұрын

How can they grow so fast by selling trash, and why there are so many people buying trash

@waterisformless 3 ай бұрын

I've probably bought 10+ items on Temu and only 1 (a can opener) was trash.

@ryangreen45 3 ай бұрын

if people are buying then it means not everything is trash simple logic

@DeepNightHour 3 ай бұрын

People eat trashy food all day long.

@jeffjones114 3 ай бұрын

this is america lol

@theredbar-cross8515 3 ай бұрын

Because it's not actually trash. People wouldn't keep buying if it were literally trash. You calling it trash is just more coping and seething that your country can't compete with China.

@United_Wings 3 ай бұрын

Everywhere I go I see their ads even before this video

@tmzz3609 3 ай бұрын

I've literally never seen an ad for Temu on any platform......... Algorithm knows you. Go buy some plastic that will arrive in 2 months buddy........

@Viv8ldi 3 ай бұрын

Get adblocker for smartphone and desktop

@michaellundphotography 2 ай бұрын

@@tmzz3609 Right? Ive never seen one either... I probably will now after watching this video LOL

@United_Wings 2 ай бұрын

@@Viv8ldi I've always used an adblocker, but my adblocker was still being fixed so yeah i saw this dumb ads but not anymore

@3b0d1999 Ай бұрын

@@tmzz3609 I never bought a single item before online and i still get bombarded by their ads on my phone

@vanderley3 3 ай бұрын

Glad someone is adding competition to Amazon

@KillenEMsoftly 3 ай бұрын

people get mad at inflation, then get mad at cheap goods

@yummm8775 3 ай бұрын

Cheap but quality is garbage that's why.

@heatherheatherway6282 3 ай бұрын

Not really. I find them quite usable most of the time.@@yummm8775

@youngc0930 3 ай бұрын

@@yummm8775on the other hand, it is unrealistic to be cheap and have good quality at the same time.

@sblue3964 3 ай бұрын

@@yummm8775 And you think that's better than expensive garbage that Amazon/Target/Walmart sells? At least you get what you pay for with Temu

@sew_gal7340 3 ай бұрын

@@yummm8775How so? Sure my electronics suck but you shouldnt buy electronics from temu. I buy kitchen supplies and phone holders...just house hold stuff (dont buy things that you eat out of though). They are fantastic and totally worth the money

@SierraGolfNiner 3 ай бұрын

You know why I don’t like shopping on Amazon these days? It’s flood with cheap Chinese junk. What is Temu? Entirely cheap Chinese junk. If Amazon focuses on quality products they’ll win in the end because most people don’t want a charging cable that burns up or shorts out after 5 uses. Sure, they’ll try it because is “looks the same” but they’ll learn quickly.

@jetli740 3 ай бұрын

good luck buy Usa brand

@iqbalbhq6884 3 ай бұрын

Delusional 😂

@SierraGolfNiner 3 ай бұрын

@@jetli740 I didn't say USA brands, I said "Cheap Chinese Junk". An iPhone is made in China or Taiwan, it's not junk. It's the $1 charging cables that have no testing, no compliance, and are made to the worst quality standards ever. Just look at anything popular, then look at the junk Chinese clones, like hoverboards about a decade back - their were quality ones (some made in China) and then there were ones bursting into flames.

@hannesRSA 3 ай бұрын

Yes unfortunately listings on Amazon can simply be replaced when reviews are bad. And buyers rate too soon after buying. Basically you end up having to pay double for something with a well known brand, which is unnecessary.

@lisashung9442 2 ай бұрын

You get what you paid for……it’s fair…….there’re tones of Chinese products with outstanding quality there if you’re willing to pay a bit more……however, if the Chinese products with good quality and very affordable price, then America will complain China’s productivity is over capacity and disrupt America’s market and jobs……like Chinese EVs ……because everything is about ”America First” ……😂

@kenobi69yearsago57 2 ай бұрын

I don’t care about what people say about Temu. The products are usable and I have managed to save up for a high end gaming PC with a 4k 240Hz Monitor as a 19 year old student in my first year of University. Thanks Temu, welcome to Britain and crush Amazon prices 🇬🇧

@roxysponge3447 2 ай бұрын

I ordered from temu too. One item i returned so far. Money refunded very fast. Never seen so quick money return.

@claudiuflorea2090 2 ай бұрын

nice try, Temu HR 😅

@3b0d1999 Ай бұрын

how much money did that monitor cost you

@kenobi69yearsago57 Ай бұрын

@@3b0d1999 Samsung Odyssey G8 £899.99

@squarematrix7093 3 күн бұрын

Seems like we all are doing some sort of revolution against Amazon😂

@blifx 3 ай бұрын

Amazon turned into AliExpress but where everything is $20 more expensive

@DC-qn4wz 2 ай бұрын

But middle-man (resellers) on Amazon want to get rich!

@mikeh8416 2 ай бұрын

@@DC-qn4wz Buy from AMAZON!! Bezos NEEDS your money, $114 BILLION ISN'T ENOUGH!!

@jerrywu5797 2 ай бұрын

Posting this comment from Shanghai - it's just really the regular price you get for the same item you spend 3x more in U.S. I really never order things from retailers like Walmart as they simply do not worth that price tag. This is the magic of mass manufacturing that U.S. used to be proud of. Most products are all made in China and follow the same quality - in fact, exported goods have higher standards than some of the domestic-only products because Chinese need trading and foreign consumers. Since I travel between both countries and stayed on both sides for decades, it always shocks me how expensive the U.S. products are compared to how much they should be priced at. I almost always order from Taobao and it's easy to get shipped to U.S. Saves at least 50% more compared to shopping them around at Amazon, Walmart or Costco. Plus, they are really, really high quality goods, especially furnitures.

@Peekaboo-Kitty 3 ай бұрын

Anyone who pressures you to buy based on "Time Limits" will never have my business!

@DC-qn4wz 2 ай бұрын

What if it's a steal?

@Peekaboo-Kitty 2 ай бұрын

@@DC-qn4wz People who are pressured cannot make rational decisions. I've had such Scammers call me before saying: "You must buy TODAY or else the Special is gone." My reply to them is: "Well then why did you wait so long to call me?" 😆

@magentika 3 ай бұрын

Never giving them my personal and bank info after privacy issues reported and they fined

@mikeh8416 2 ай бұрын

They haven't been fined. AMAZON has. Payments are processed in BOSTON, nobody in China ever SEES your bank info, and if you're THAT worried, there is always pre-paid cards and PayPal.

@magentika 2 ай бұрын

Yeah look up UK court case privacy issues @@mikeh8416

@magentika Ай бұрын

@@mikeh8416 they buyout the world and ur at home.

@dnickolov 3 ай бұрын

People just end up buying so much trash that they won’t ever use, just because it’s “cheap”. It blows my mind how much junk is in people’s houses

@mikeh8416 2 ай бұрын

More amazing is how much junk there is between your ears. I use all the stuff I've gotten from Temu pretty much EVERY DAY!

@hotbodtz 3 ай бұрын

The No. 1 rule for e-commerce platforms is to know that there are billions of ignorant shoppers out there.

@theYorkies 3 ай бұрын

Sad but that’s how the business makes money. Just like modern snake oil salesman.

@jonmcclung5597 3 ай бұрын

"But Grandpa, why did they keep buying it if they knew it was garbage?" "Because it cost them little" Conversations we'll have with our grandkids while walking past landfills.

@jamesjoransen 3 ай бұрын

"cutting out the middle man" . . . Temu IS the middle man 🤣

@JonySmith-bb4gx 3 ай бұрын

Nope .

@klaytonickinson 3 ай бұрын

Temu's products are usually sold and shipped directly by manufacturers in China whereas Amazon goods are usually purchased in bulk from the same manufacturers, paid import tax then sold and distributed domestically, making the cost of operation a lot higher. So in essence the statement "cutting out the middle man" is not a false one.

@Gold833 3 ай бұрын

This is why I laugh at the Tik tok ban, 70% of sellers on Amazon source their products from China.

@stevepeck3723 2 ай бұрын

Ok then go ahead and order a container load of plush toys direct from the Chinese factory....woo hoo you cut out the middleman. The only question is what to do with the 9,999 plush toys you dont need...

@frusia123 Ай бұрын

I don't like Temu, but I'm glad to see Amazon having a competitor.

@po2002tak 2 ай бұрын

people want cheap stuff because the cost of living in the US became absurd in recent years

@jaker3151 3 ай бұрын

Another thing to note is that because China still claims "developing nation" status at various global institutions/organisations, like the World Trade Organisation (WTO), World Health Organisation (WHO), United Postal Union (UPU) etc, China is able to obtain extra benefits awarded to developing nations. By claiming developing nation status with the United Postal Union, the organisation who coordinates postal policies across the globe, China basically gets its international shipping subsidised by the "developed nations". This is why Chinese companies can send goods from China to the US, UK, Europe etc for next to nothing or even free in some cases. But when you try to ship or return something back to China it will be expensive. This developing nation status gives Chinese companies an unfair advantage in global e-commerce trade.

@Wuroyewuro 2 ай бұрын

Great point! What can be done to stop China from abusing developing nation label?

@constantinosbou 2 ай бұрын

That is so not true, with dude 🤣🤣🤣 China Is literally will very soon became the most advanced nation on earth 😁

@diegoflores9237 2 ай бұрын

Every rich country became rich by protectionism and unfair trade practices. China is not doing anything that hasn't been done before

@mikeh8416 2 ай бұрын

Answer me this. Where do those subsidies COME FROM? Yeah, your TAX MONEY, meaning you're ALREADY PAYING FOR IT, so you'd rather PAY MORE ON TOP OF THAT?

@Turkiye958 2 ай бұрын

I’ve never got a thank you discount card from Amazon and I’m a regular customer since 2010

@YoutubeKenny Ай бұрын

I run a small e-commerce business, and companies like Temu are killing us. The US government isn't doing anything. My products are handmade here in the US, so Temu is not our direct competitor. What pisses me off is that my customers pay taxes, I pay taxes, but Chinese sellers do not. Their shipping cost from China to the USA is cheaper than ours when shipping from state to state.

@geraldwatts5492 2 ай бұрын

3:22 That's what Pinduoduo (parent company) does here in China. We love to use PDD to buy fruits and veggies directly from rural farmers, they are often home grown and unadulterated (unofficially organic). They cut out the middlemen, which is the supermarkets in this case. So we are paying growers directly for the goods, and not paying the supermarket's rent + their desired profits.

@3066961 3 ай бұрын

FT has a great analysis on PDD recently, for those who are interested in this topic.

@metaluniverse7489 3 ай бұрын

I love that the add for this video was indeed Temu

@aaronchavez9734 3 ай бұрын

China is experiencing deflation and purchasing of locally manufactured goods has slowed down. It makes sense to create an app that allows Chinese manufacturers to sell excess product to international buyers to survive.

@richardbaron3921 3 ай бұрын

I don’t care how Temu does it……I love it I’m a crafts person, and I can’t get things anywhere at the prices they offer. Hats off to China.

@zachariah7114 2 ай бұрын

"how" they do it? you know how, human rights violations

@wholelottamoney4595 2 ай бұрын

Why shop on amazon when most of the things there are just drop shipped now, thus being cheaper in temu, aliexpress, etc.

@MH-YouTube-Controlled 2 ай бұрын

My last Amazon Prime delivery took 10 days. Just cancelled an Amazon order because the estimated shipping was 16 days. Is Amazon failing?

@oyayemayafaro7307 3 ай бұрын

I wish they wouldn't. The number of ads that pop up is getting obnoxious

@stephenlawson7846 2 ай бұрын

Just check the memory and storage space this app takes on your phone - something is up

@CampLJNC 2 ай бұрын

😧

@yaretzyfernandez7334 3 ай бұрын

This video made me download temu

@janekrubes 3 ай бұрын

I was hoping they would also discuss what it is that people order. Because it is junk.

@AJ-jx5gm 3 ай бұрын

Junk is not even the worst case scenario. Getting something that is toxic and can harm your health is even worse. Something like this has already happened.

@jordan0chang 3 ай бұрын

Same Chinese stuff you find at Macy's, forever21, H and M, etc. basically, anything at your mall is from China. Except it's been marked up 300%

@trish4540 3 ай бұрын

But usually you’ll see those same “junky” products on Amazon for double the price so …

@JonySmith-bb4gx 3 ай бұрын

U ordered a mirror didn't u 😂

@JonySmith-bb4gx 3 ай бұрын

@@jordan0chang china created everything

@nonstopjoliver 3 ай бұрын

Isn't their greatest advantage the issue with de minimis shipments? Regardless, their ads are super annoying and I have contiuously blocked them.

@GiggleNuggetsZone 3 ай бұрын

In this age and date, speed of adoption has shrunk down drastically.

@kimannepark4709 3 ай бұрын

What this doesn't cover is how safe is it to shop on Temu? Do they have 30 day easy returns?

@mikeh8416 2 ай бұрын

YEP.. INSTANT refunds, and they don't even want the stuff back!! I've had a few duds including a $19 outdoor light that wouldn't charge. Every bit refunded INSTANTLY and never had to ship any back!!

@Lolatyou332 3 ай бұрын

I have literally never heard of temu until this video.

@Chinaglo24 3 ай бұрын

Watch out you are going to become addicted never say I told you so.

@pfefferle74 2 ай бұрын

Weird. That spinning wheel popping up made me immediately uninstall the app. I guess I'm just not Temu's target audience.

@LeNguyen-im8dm 9 күн бұрын

I stopped shopping Amazon for a while. I spend about $2,000/year on Temu for clothes and household uses. I have worn new clothes to work all the time. My co-workers thought I am wearing expensive clothes and look rich. I told them that I am wearing Temu clothes. If you know to choose styles and fabric, you look like a rich person even though you spend only $13- $19/dress on Temu. I only hand_wash my work clothes, so they last for more than 5 years.

@sesame88 3 ай бұрын

Dammit. Wall Street please tell your video editors to unify the sound volumes throughout the video. On this one, there are sections is so low, then suddenly there's a shouting blast!

@jamiexxi Ай бұрын

The biggest shock of this was just how to pronounce Temu

@jedijooj 3 ай бұрын

This shows we really don’t care about the environment and only the company do so they look good

@TheJackfrost88 2 ай бұрын

DID we EVER? all these fake Environmental drives are BS; conglomerates do that to get some TAX HEAVENS nothing more.

@sora804 4 күн бұрын

I used Temu for the first time last month. I had a long (unurgent) wish list that I wanted to clear. Many of these are things I wanted to try for the first time. Because of these, I am fine with waiting a lot (because the goods have been on the wish list for a long time anyway) and wanted really cheap things (because I wanted to try out as a first-time user). So, this business model was super nice for me last month, although I am not sure if I will use it very frequently in the future.

@betenu1 21 күн бұрын

If I remember correctly. They did the same thing with television sets back in the 40's. They sold them so cheap they were actually losing money but they didn't stop until American television makers had no choice but to sell their factories to the Chinese and then they jacked up the prices after gaining a foothold on American soil.

@specialk9999 3 ай бұрын

I recently read that Temu collects all the data on your phone and can see what you’re doing on it.

@drinkingpoolwater 3 ай бұрын

All apps do that

@specialk9999 3 ай бұрын

@@drinkingpoolwater yeah but this one is most likely giving your information to the Chinese government

@Rattler808 3 ай бұрын

@@drinkingpoolwater big difference is temu is doing it for ccp geopolitical gains. other apps do it to monetize you, not spy for a foreign government.

@muhiddeny.misbak542 3 ай бұрын

@@Rattler808 clown

@JigilJigil 3 ай бұрын

It's a Chinese comapny, that's what it is told to do.

@binish. 3 ай бұрын

Next time reduce amount of times the temu box/cover shown. That it self is huge ad.

@YelizKaplan 15 күн бұрын

COMPARE THE PRICES...!! Amazon charges 8-10 times more for the exact same item on TEMU....

@LegendLength 3 ай бұрын

I would never touch them purely because the ads are so spammy

@NonEuclideanTacoCannon 2 ай бұрын

Can't be that disruptive, Temu doesn't sell anything useful. It's like the internet equivalent of a dollar store.

@mikeh8416 2 ай бұрын

Yeah, NOTHING from the 10 orders I've made are useful!! At least not for MORE OFTEN THAN EVERY DAY!!

@Sean-ll5cm 3 ай бұрын

I went to buy some stuff on temu (office supplies) and found identical products cheaper on Amazon Au

@user-ku5oi9nh2r 17 күн бұрын

Their ads are EVERYWHERE you can’t escape them.

@joeszombiegrrrl 3 ай бұрын

i havent gotten an amazon order in 2 days in idk how long...they have really gone down hill

@cuteandfunnyearthlings2863 3 ай бұрын

China have got the supply chain for these temu and pindoudou companies which US can't supply.

@mikeh8416 2 ай бұрын

Oh, Amazon supplies all the same stuff, but it's anywhere upwards of FIVE TIMES THE PRICE.

@K4R3N 3 ай бұрын

That online shopping dopamine hit 🎰🎲

@mikeh8416 2 ай бұрын

The "I CAN ACTUALLY AFFORD STUFF I NEED" dopamine hit.

@the_rujini4840 Күн бұрын

Disposable trashy items should paid tax for recycling them.

@davidr4523 3 ай бұрын

Yes Temu has low priced items that looks beautiful online, but in actuality you are receiving a very low-quality item that you can never return based on expensive shipping cost. I do almost all my shopping on Amazon based on the somewhat dependable reviews, tremendous selection and extremely generous free/no hassle return policy.

@akask6458 3 ай бұрын

Amazons reviews are not dependable or honest or informative. The system is gamed. However you can return on amazon.

@Sam-kx1qc 3 ай бұрын

Can you give an example where the exact same product on Temu is worse than Amazon? So far I bought over 30 mini tools kitchen items, they are all very promising. One item was not what I expected from the picture so they refunded me.

@ElectroBlender 3 ай бұрын

Does China still get subsidised postage rates for that junk they sell ?

@IamLeighton 3 ай бұрын

all importers into the US get the same pricing

@zachariah7114 2 ай бұрын

@@IamLeighton wrong, untrue, blatantly false

@zachariah7114 2 ай бұрын

Of course, it's the only thing that keeps the wheels a spinning and the scumbags a grinning

@dautube 3 ай бұрын

There are things that do not require to be "quality" products. That's where I go to TEMU and when I need quality I usually go to Amazon.

@PeterSedesse 3 ай бұрын

Exactly. I wouldn't buy a computer from Temu, but a lot of stuff you buy is supposed to be plastic and is obviously the exact same thing being sold on amazon.

@JonySmith-bb4gx 3 ай бұрын

Lol .. Is actually opposite

@JonySmith-bb4gx 3 ай бұрын

@@PeterSedesse yeah I don't trust a bot like u

@adjskitran478 3 ай бұрын

This! The first reasonable comment I could find in this section

@howtobebasic2122 19 күн бұрын

I tend to shop Local if there's something i can't find locally, then yes ill order it online on sites like eBay Amazon or Temu.

@PisithThanasaethsakul 3 ай бұрын

Stop lying that your more expensive product necessary = better quality. Most of them are also made in China + Middlemen + Very Expensive Amazon Fee + Ad. I think with the same price apparently Temu offer better quality.

@kenobi69yearsago57 2 ай бұрын

I’m British and I agree. I’ve just completed my first year of University at 19 and I’ve managed to save up for a high end gaming pc with a 4k 240hz Monitor thanks to Temu 🇬🇧

@Aceman4Ever 3 ай бұрын

I just checked out Temu (I live in Germany). I only see trash on this website and 90% is stuff nobody needs ….a sun protection screen for a car steering wheel …. A floor pillow ….teeth brightening cream (which is probably full of banned ingredients) …

@user-yj8zw7hk6f 3 ай бұрын

ahahha thats some crazy market demand right there

@HuplesCat 2 ай бұрын

You are crazy! Letting your steering wheel get sun burned 😂

@Teflonchxpo 3 күн бұрын

No. Temu is a TIME BOMB!! The fact just one Chinese “company” can almost exploit and expose the entirety of US domestic commerces… Is an issue FAR GREATER than any one average person can ever comprehend. 😳🤯💀

@temper44 3 ай бұрын

It seems there would be room for a quality focused competitor to TEMU. Higher prices and quality, but still very accessible.

@Monkey_D_Luffy56 3 ай бұрын

It's easier to sell a bunch of cheap low quality products than selling a few expensive great quality products

@malloc7108 3 ай бұрын

You don't need quality control or research at all. Sounds like something an MBA would love.

@hmmm4950 3 ай бұрын

they might even from the same factory, while Amazon get those regular ones, temu just wrap those defectives up

@jesusorta7723 3 ай бұрын

did u buy something from TEmu?, how do you know their products are cheap and low quality?/

@json_n 3 ай бұрын

It's chinese products. Eastern countries has easier access to China products and its cheap and gets the job done. Now the west is getting more access to this products yet they are still complaining. You get the same product for a fraction of the cost. I have bought a lot of chinese products and they are not bad as they say. Heck most of the products you see are made from China, even iPhones is made from China.

@Thanzin1 3 ай бұрын

Apple disagrees

@jasonmelbaus9077 3 ай бұрын

What does Temu's explosive growth say about the American consumer?

@jessy1982 3 ай бұрын

That they're broke and desperate at this point ig.

@pitdicted 22 күн бұрын

So nice to see Amazon nervous.

@BombCyclone7 21 күн бұрын

Glad to see someone who shares same idea

@user-ys8ew2rd4p 13 күн бұрын

Immune from trade sanctions, its won't be long before Temu hits the stock values of beloved online retailers.

@housepianist 3 ай бұрын

it just goes to show that people don’t shop for products. People shop prices. It doesn’t really matter what the product is.

@ScottDieken 3 ай бұрын

And that's why there are so many s*** products

@Sam-kx1qc 3 ай бұрын

People shop prices for the exact same product. But if there's no such product on Temu, then people shop local for that product.

@housepianist 3 ай бұрын

@@Sam-kx1qc that’s what I was saying 🤷‍♂️

@alexander15551 3 ай бұрын

The real question is, why is the US postal service still subsidizing shipping from China to US?

@SexyUndisputed2All 3 ай бұрын

Why not? You don't want low prices for Americans? You must be big fan of inflation huh

@overwatch8848 3 ай бұрын

otherwise your cheap chinese chunk of trash would be insanely more expensive. 🫣

@graveperil2169 3 ай бұрын

they subsidize cheap shipping to the USA consumer, its the USA consumer that prefers to buy from China and not the USA

@alexander15551 3 ай бұрын

@@graveperil2169 they prefer it because it is artificially cheaper. All I’m saying is remove the subsidies and let Americans compete on an even field

@alexander15551 3 ай бұрын

@@SexyUndisputed2All you pay for it on the backend, either through taxes or higher shipping costs for Americans

@corneliusshivambu4541 3 ай бұрын

I'm still waiting for my shipment I'll believe it when I see it

@kifacorea 3 күн бұрын

That temu jingle haunts my dreams.

@Fairestof 3 ай бұрын

People complaining that it’s trash don’t realize that the items temu sells amazon sells at outrageous up price.

@dxd42 3 ай бұрын

US lawmakers: Time to sanction Temu 😂

@user-yj8zw7hk6f 3 ай бұрын

no one allowed to fish in their private ponds 🤣

@RaveYoda 25 күн бұрын

Well, we should since the US can't do the same in China.

@sirtalkalotdoolittle Ай бұрын

Temu puts the squeeze on its suppliers in ways Amazon can only dream about.

@braceletsbycjk Ай бұрын

Amazon charges you $9.99 a month but then if you want the product the same day, they then charge you another $9.99 for that, so you are paying a lot more if you want your product the same day.

@user-si8ek6zl1q 3 ай бұрын

PDD is popular in China too. Most of people are not rich, we care about the price. That's the reason why pdd and temu are popular. But you need to master some shopping skills. For example, I will never spend 10 dollars to buy a mobile phone. There is a high probability that you will only buy a model. But if I just want to buy some garbage bags, then I don't need to consider quality issues, because there is no difficulty in manufacturing garbage bags, so the cheaper the better.

@mikeh8416 2 ай бұрын

I've bought several items from electronics and kitchen items, to metal signs. It's all been good so far with only a couple duds I had to get refunded.