Feb 18, 02:43 AM

Temu aims to compete with Shein (1% market share) in US e-commerce market, Amazon leads with 38%

Temu, an online marketplace, is looking to compete with Shein in the e-commerce market. Both have about 1% market share in the US, while Amazon holds 38%. Temu aims to differentiate itself from Wish and attract smaller suppliers for lower prices.

#Temu #Shein #US #Amazon #Wish

Written with ChatGPT (GPT-3).

Sources

Dynamo Ventures@ThisIsDynamo
2 years ago
🗞️ As @SHEIN_Official prepares for a US IPO, its increased supply chain scrutiny has led some manufacturers to @shoptemu, an online marketplace that accepts smaller suppliers and pays quickly, leading to competition and lower prices. https://t.co/LBTWRSbcte https://t.co/qahk762dRs
The Economist@TheEconomist
2 years ago
Once a brand is familiar, it is easier to sell customers more things—and more expensive ones, too. Temu and Shein may have already done the hardest part of making it in America https://t.co/lN1oqkbTzH 👇
The Economist@TheEconomist
2 years ago
Temu and Shein have only made small inroads into America’s e-commerce market. Both have shares of about 1%. Amazon has 38%. Even so, the online giant is taking them seriously https://t.co/SOf8A7Tldz 👇

Temu aims to compete with Shein (1% market share) in US e-commerce market, Amazon leads with 38%

Sources

Additional media

Similar Stories