Posted on 06/22/2023 8:55:18 AM PDT by DFG
Radio talk show hostess Kim Komando recently researched the shopping app Temu. She says her research set off some alarms and warns the public to be cautious if they are using this China-based company.
Seemingly overnight, everyone’s talking about Temu (pronounced “tee-moo”), an online shopping app that boasts deals that seem too good to be true, like $17 wireless earbuds, $1 “gold” necklaces, and $23 wedding dresses.
Over 50 million Americans have downloaded Temu since it launched state-side in September 2022, after it gained traction with expensive Super Bowl ads promising to let you “shop like a billionaire.”
Today, Temu is the most popular shopping app in the U.S., behind Amazon. But most of us know little about the App’s origins.
Reader Daniel Mayer asked, “Is [Temu] something we should be concerned about?”
I did some digging. And as it turns out, yes, you absolutely should be. Here’s what I found:
Where did Temu come from?
This isn’t some fly-by-night operation. Temu is based in Boston, Massachusetts, by PDD Holdings Inc. (Nasdaq: PDD). PDD is headquartered in Shanghai, China. PDD also owns the e-commerce platform Pinduoduo headquartered in — you guessed it — China. So, Temu is a Communist China-based app and site.
(Excerpt) Read more at gloucestercitynews.net ...
If I’m not mistaken, an app isn’t required to order from Temu. One can order via a PC instead of on a cellphone. For example - Amazon sells Temu products.
Could it be that Chinese slave laborers care enough to do a decent job?
PCH has been pushing ads for Temu very heavily lately.🤔
She’s married to the Nearly Famous Barry Young, isn’t she?
Or am I misremembering?
Your Digital Goddess...
I’m not sure. I just like listening to her every Saturday morning. I used to subscribe to her website.
Not necessarily true. Sometimes it’s a loss leader. Sometimes it’s making room by getting the product out of the way. If Walmart buys 1000 of something, and recoups their money by selling 900 of them, the rest is profit. They’ve partially saturated their market, but they can roll back prices...a little, then a lot....to move the merchandise. All profit. If the last 5% are sold at a slight loss, they’ve still made money.
Yes, she is.
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