But, at the moment, Temu is very much a real platform, offering a variety of real, heavily discounted products, from air fryers to wireless Lenovo earbuds ($8.98), computer keyboards ($15) to clothes ($1.69 for five pairs of socks). Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry. This is an interesting example of the manufacturing base in China getting sufficiently sophisticated that it no longer feels like it needs to go through distributors. So to expand: anyone that is participating should invite someone else. Since Chinese internet users love to share information or read reviews about products on forums, you should open a discussion about your product on it. Thanks Temu, youve ruined Christmas! she wrote. The Chinese have taken it to the next level. Details you enter, like your birthday, photo, and social media profiles. I hate supporting the monopoly but they're the only big general market place out there. I was going to say the exact opposite, their labour practices are. If you want your brand to be popular in China, you need to create your Chinese online reputation. Tap Delete to confirm. He is called the iron chief by netizens because of his appearances during JD.coms conferences announcing more and more brand partnerships. Pinduoduo is planning to expand its reach to the US next month, according to reports in. It has a 7.3% share of the Chinese ecommerce market, behind JD.com (17%) and Alibaba (56%). Total Leading companies APAC 2019-2021, by shareholder return, World: leading retailers 2027, by forecast total chain retail sales, Leading online marketplaces worldwide 2022, by monthly visits, Annual transaction value of community group buying services China 2021, by provider, Daily orders of community group buying services in China Q4 2020, by service provider, Leading WeChat e-commerce mini-programs 2021, based on MAUs, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Otherwise, the lottery is canceled, and the registration fee together with a coupon is returned to all. What is the point of search "results" if results are all essentially for the same thing and the filter options are deliberately obnoxious and useless? Get the best reports to understand your industry. I did some digging into whether its safe to use. That helps explain why Chinas tech firms are looking abroad. Pinduoduo has made its most aggressive move yet into non-Chinese markets with the Sept. 1, 2022 launch of its Temu site, according to CNBC and other media reports. You should consider creating an account with at least one of them. Temus site shows average shipping times to most of the U.S. of seven to 15 business days, with no fees for orders of $49 or more. Get a code sent to your email to sign in, or sign in using a password. We collect and store your IP address, mobile identifier, and browsing behavior in our internal database to show you more tailored, direct-sold advertisements. The launch of Duoduo Pifa furtherfans its rivalry with Alibaba, which has been operating its own B2B wholesale site, 1688.com, since 1999. Sign in with a password below, or sign in using your email. These are really cool. After years of breakneck expansion, Chinas tech sector recently hit a wall. Latest news and trends about tech in China. Temu isnt unique in all the info it wants to capture from your phone, of course. Pinduoduo, however, has achieved higher growth in five years than JD.com did in over a decade. For sure I'm keeping my data away from the CCP as much as possible. Pinduoduo targeted China's smaller cities and more rural areas, where consumers tend to be less wealthy and more cost-conscious, says JS Tan, an MIT graduate student who researches the Chinese tech industry. Kim Komando: Get Temu, the popular shopping app, off your phone now. There may be more comments in this discussion. One of the comments on Lukeys post, however, was significantly less positive than the rest. The Amazon warehouse down the road from my business starts at $20 / hour + full benefits. Yes. In other words, Amazon has the advan. Not everything is shipped from China. You have reached your limit of free articles. Revenues from merchandise sales were RMB5,357.8 million (US$821.1 million), an increase of RMB5,357.8 million from nil in the same quarter of 2019. Pinduoduo, which boasts a user base that accounts for three quarters of Chinas online population and a market value three times that of eBay , wasnt always an online shopping behemoth. We are happy to help. They also gather more about you from third party sources, including Temu sellers, public records, social media, data brokers, credit bureaus, and marketing partners. CNY/USD 6.40 versus 6.41 yesterday; Computers, communications, and consumer electronics are the three Cs of JD.com business. That's why even though they cost a bit, I like to buy my sunglasses and regular glasses frame from a local group here in New Orleans: KREWE [krewe.com]. So, it is possible to do SEO through lots of search engines, for example, Sogou, Qihoo360, Haosou, Shenma, . You should consider selling these for maximum success. Research expert covering e-commerce and FMCG in Greater China. Thanks for contacting us. Well, this interaction happens most of the time on social networks. But the companythe U.S. offshoot of Chinese e-commerce giant Pinduoduois also starting to develop a reputation for undelivered packages, mysterious charges, incorrect orders, and unresponsive customer service. Colin Huang, founder of Pinduoduo, in 2017. controversial Chinese ultra-fast-fashion brand. Deploy network infrastructure faster and easier than ever before, with pre-packaged yet massively scalable infrastructure components for top packet and optical systems. The only real competitors are big retail chain online stores and eBay, but the retail chains don't have the breadth of selection and eBay is much less convenient. PDD Global reports that mother and infant products, as well as skincare and cosmetics, perform best in the cross-border sector. As you said, some stuff is. The first worker, 22-year-old Zhang Fei, died on 29 December, when she was heading home around 1.30am after a series of extremely long shifts. Because Pinduoduo is heavily integrated with WeChat, Chinas top social media platform, its a snap for users to gather up friends, family and internet strangers to order big batches of everything from electronics to baby formula to groceries something that became a lifeline during Chinas strict Covid lockdowns. 2023 Emerald X, LLC. simply put, American unionization will put the company on the ropes in short order. Context: Alibaba and Pinduoduo are increasingly moving onto one anothers home turf. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Item will be shipped when a sufficient number of people to complete group order. Barely six years after its founding, Pinduoduo is now China's biggest e-commerce platform, with more active buyers than Alibaba (BABA-1.69%). Mostly because everything takes 30 days to arrive, because it has to travel on a boat from China and go through customs two times (or more). Use of this site constitutes acceptance of our, Digital I won't like their offering, they don't sell KKK caps. But the strategy makes sense once you realize that Temu is a sister company of the Chinese e-commerce giant Pinduoduo, which has offered similar deals in China for the last few years. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Context: Alibaba and Pinduoduo are increasingly moving onto one anothers home turf. If this Chinese company can open up in America and treat it's people like slaves the problem is with America's labour laws, but as a non-American it comes as no surprise at all to me. Temu has already been subject to more than 30 complaints to the Better Business Bureau, and has a BBB customer rating of less than 1.5 stars. Magazines, Digital The feature is free from Google Tracks 39 Types of Personal Data, Apple Tracks 12, China's Baidu Reveals Its First Quantum Computer, 'Qianshi'. JD.com is working with Shopify to help retailers access Chinas market via its JD Worldwide cross-border ecommerce platform as well as its Joybuy.com site. Cybersecurity researchers found it wasnt just tracking device info and activity malicious code allowed it to bypass cellphone security settings to spy on other apps, read notifications and messages, and even change settings. Read our guides on how to create a Chinese website and Baidu SEO to find out more. Pinduoduo users can also earn free shipping, free products, and other rewards by playing games and entering competitions all of which are geared toward encouraging customer referrals and social sharing. Factors that could cause actual results to differ materially from those in forward-looking statements include the cost of goods to be sold under the Company's drop-shipping model, changes in government regulations or enforcement, the ability for the Company to expand its US operations or expand to international markets, continued Good job, you support slavery. Expert architecture and design solutions for private carriers, next-generation metro and long-haul optical networks, ultra low-latency networks, and Internet backbones. The shipping cost will be zero if the order value exceeds $29 or $2.99 for anything less than that. How that deal ever got into place makes no sense since it is clearly anti-competitive to American Businesses that actually are located in the US. are not that easy to import in the US. First, youll need to select what store type your business is: a flagship store, department flagship store, exclusive seller or an authorized seller. Among the most used forums, there are Baidu Tieba, Zhidao, and Zhihu. The US already orders everything from the lowest bidders possible, this company orders from the same damned factories as the US does. But once you understand the customer journey on Pinduoduo, its easier to understand how the app actually works. For an etail outfit, that warehouse is going to be fully automated by systems developed and maintained from China, by Chinese engineers. The company has increased investments in research and development, marketing, and staffing, meaning it still operates at a loss. A spokesperson said at the time that it fired Wang not for posting the photo of the worker, who the company said had a stomach problem, but for making extreme comments with obvious malice. To reach brand awareness is essential to be present on social media. If you are downloading this on behalf of a client, please provide the company name and website information below: A New Era of Commerce: How Retailers of all Sizes can Win in 2023 and Beyond, Mens Wearhouse Streamlines Wedding Planning for the Groom with Digital Tool, 45% of Shoppers are Highly Loyal to a Particular Home Improvement Retailer, Optimizing the Path to Global Expansion: Tools and Tech to Drive Success, Connecting Corporate to the Front Lines with a Retail Digital HQ. Why it matters: Expanding into enterprise services highlights Pinduoduos ambition to attract and retain businesscustomers, an increasinglyimportant component for its ecosystem. With Chinese social media business accounts, youll be able to promote your Pinduoduo products to users who are actively using social media. Join a popular e-commerce platform is not enough to gain visibility, even if this is Pingduoduo. Now if only Amazon would include a search box which would filter out stuff not sold and shipped by them so I can avoid scam shit, it's a royal pain looking for something only to find a dozen or more "sellers" with craz. Temu also provides free shipping, returns, and refunds within three months. They will attract employees and market share with their. And we'll have a Chinese company to hate on too. And thats the main unique selling point of Pinduoduo: Its designed to incentivize customers to share products via social media and, in turn, increase sales for the brands that sell on the platform. But considering its ties to Communist China, the permissions seem even more frightening to me. That would really put a spanner in China post. She first heard about the app from a friend a month ago, and was initially leery of it: I know theres a lot of things that go around that may not be legit, she says. Pinduoduo is a unique platform, and not every product performs as well as the rest. WTF the only Americans they might hire will be warehouse handlers at minimum wage. Check out Pinduoduos YouTube video on how to sign up as a foreign merchant for more information. But thats not the worst of it. In short, Pinduoduo presents a new take on e-commerce one thats interactive, driven by social media, and far more experiential than its competitors. If it was, all those gadgets we know and love would be made here instead of there. Americans addicted to Amazon could soon be wooed by a Chinese tech giant most of them have never heard of. How many times do you run into sellers on Amazon with names like ADJQUE that sell Chinese knockoffs for cheap prices, with no seller feedback history, that disappear in a month or two. 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