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2022-11-13

海外开拓

PDD Holdings’ Temu App Said to Consider Canada After September US Debut

PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America.

PDD Holdings’ Temu App Said to Consider Canada After September US Debut

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Retailers are planning massive markdowns to clear out unsold inventory amid concerns that consumers are tightening their belts due to inflation and a pessimistic economic outlook.</p>\n<p>For now, Temu is seeing some initial success and gaining early converts like Felix Wang in Stamford, Connecticut. The managing director of a risk management firm took to Twitter to express his enthusiasm for Temu.  “My wifey is super happy with her Temu purchases – good quality and on time…our 3rd haul in the past month,” he wrote in a tweet.</p> </div></body></html>","source":"pandaily_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PDD Holdings’ Temu App Said to Consider Canada After September US Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPDD Holdings’ Temu App Said to Consider Canada After September US Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1045030379\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/aea029d3817be732c49c2a6b4e47b544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Pandaily </p>\n<p class=\"h-time\">2022-11-12 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><div>\n<p>PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America, according to the Late Post.</p>\n<p>The impending foray into Canada follows the US debut of the Boston, Massachusetts-based Temu in September. Available as mobile apps and website, Temu has wowed American consumers with a wide selection of products at what Wired magazine calls “mind-bending” prices.</p>\n<p><strong>SEE ALSO: Temu in Position to Take US Online Shopping by Storm</strong></p>\n<p>Temu is part of PDD Holdings, a multinational commerce conglomerate that manages a portfolio of businesses, including the social commerce site Pinduoduo. Temu has said that it can offer wholesale prices typically reserved for bulk purchases to retail buyers because of its access to the sourcing and logistics network run by PDD Holdings.</p>\n<p>This 11-million-strong roster of suppliers and manufacturers includes top-notch producers that have decades of experience serving global brands. By connecting these manufacturers directly to consumers, Temu drives down the distribution costs and passes on the savings to the shoppers. Temu also benefits from the logistical expertise of PDD Holdings, which handled 61 billion orders in 2021.</p>\n<p>Since its debut, Temu has attracted millions of value-seeking consumers with this “wholesale prices for retail buyers” strategy. The platform offers a selection of merchandise across over 100 product categories, from women’s and men’s clothing to household goods and electronics.</p>\n<p>“Temu is the type of app you open when you feel like buying something, with nothing specific in mind. And it’s so cheap, you end up shopping,” said Connie Chan, a general partner with Andreesen Horowitz, the venture capital firm, on Twitter. At the same time, “the products are curated, the baseline quality meets a certain bar.”</p>\n<p>Even so, Temu is likely to face intense competition going into the year-end holiday season. Retailers are planning massive markdowns to clear out unsold inventory amid concerns that consumers are tightening their belts due to inflation and a pessimistic economic outlook.</p>\n<p>For now, Temu is seeing some initial success and gaining early converts like Felix Wang in Stamford, Connecticut. The managing director of a risk management firm took to Twitter to express his enthusiasm for Temu.  “My wifey is super happy with her Temu purchases – good quality and on time…our 3rd haul in the past month,” he wrote in a tweet.</p> </div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://assets.pandaily.com/uploads/2022/11/tm.jpeg","relate_stocks":{"BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4553":"喜马拉雅资本持仓","BK4531":"中概回港概念","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4558":"双十一","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4509":"腾讯概念","PDD":"拼多多","BK4535":"淡马锡持仓","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4501":"段永平概念","BK4526":"热门中概股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4503":"景林资产持仓","BK4122":"互联网与直销零售"},"source_url":"https://pandaily.com/pdd-holdings-temu-app-said-to-consider-canada-after-september-us-debut/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282924454","content_text":"PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America, according to the Late Post.\nThe impending foray into Canada follows the US debut of the Boston, Massachusetts-based Temu in September. Available as mobile apps and website, Temu has wowed American consumers with a wide selection of products at what Wired magazine calls “mind-bending” prices.\nSEE ALSO: Temu in Position to Take US Online Shopping by Storm\nTemu is part of PDD Holdings, a multinational commerce conglomerate that manages a portfolio of businesses, including the social commerce site Pinduoduo. Temu has said that it can offer wholesale prices typically reserved for bulk purchases to retail buyers because of its access to the sourcing and logistics network run by PDD Holdings.\nThis 11-million-strong roster of suppliers and manufacturers includes top-notch producers that have decades of experience serving global brands. By connecting these manufacturers directly to consumers, Temu drives down the distribution costs and passes on the savings to the shoppers. Temu also benefits from the logistical expertise of PDD Holdings, which handled 61 billion orders in 2021.\nSince its debut, Temu has attracted millions of value-seeking consumers with this “wholesale prices for retail buyers” strategy. The platform offers a selection of merchandise across over 100 product categories, from women’s and men’s clothing to household goods and electronics.\n“Temu is the type of app you open when you feel like buying something, with nothing specific in mind. And it’s so cheap, you end up shopping,” said Connie Chan, a general partner with Andreesen Horowitz, the venture capital firm, on Twitter. At the same time, “the products are curated, the baseline quality meets a certain bar.”\nEven so, Temu is likely to face intense competition going into the year-end holiday season. Retailers are planning massive markdowns to clear out unsold inventory amid concerns that consumers are tightening their belts due to inflation and a pessimistic economic outlook.\nFor now, Temu is seeing some initial success and gaining early converts like Felix Wang in Stamford, Connecticut. The managing director of a risk management firm took to Twitter to express his enthusiasm for Temu.  “My wifey is super happy with her Temu purchases – good quality and on time…our 3rd haul in the past month,” he wrote in a tweet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1387,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}