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

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  • Опубліковано 9 тра 2024
  • 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
    Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
    #Temu #Ecommerce #WSJ

КОМЕНТАРІ • 1,6 тис.

  • @wsj
    @wsj  Місяць тому +259

    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
      @thejeffinvade Місяць тому +28

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

    • @MagnusElpron
      @MagnusElpron Місяць тому +21

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

    • @endgamefond
      @endgamefond Місяць тому +4

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

    • @victoriacooper6892
      @victoriacooper6892 Місяць тому +3

      They will no longer need to spend that much on Ad

    • @timoooo7320
      @timoooo7320 Місяць тому

      But why is PDD stock doing bad?

  • @ropro9817
    @ropro9817 Місяць тому +2852

    "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
      @klj6723 Місяць тому +46

      JD quick and quality But more expensive

    • @infini.tesimo
      @infini.tesimo Місяць тому +449

      Because y'all can't afford quality made.

    • @solidamanda
      @solidamanda Місяць тому +79

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

    • @johnl.7754
      @johnl.7754 Місяць тому +108

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

    • @ssuwandi3240
      @ssuwandi3240 Місяць тому +4

      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
    @emu256 Місяць тому +1252

    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
      @Mcowling Місяць тому

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

    • @albert93911
      @albert93911 Місяць тому

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

    • @angelofdeath275
      @angelofdeath275 Місяць тому

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

    • @omearica-rc6fp
      @omearica-rc6fp Місяць тому

      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
      @ichbinnichtich Місяць тому +74

      It was never a secret

  • @BillyGooding
    @BillyGooding Місяць тому +1726

    Billions of dollars of plastic junk going to landfill

    • @maxhill9254
      @maxhill9254 Місяць тому +14

      True!

    • @Johanneslol11
      @Johanneslol11 Місяць тому +40

      it depends some products are really not bad from them.

    • @barcode9510
      @barcode9510 Місяць тому

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

    • @Vifnis
      @Vifnis Місяць тому +23

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

    • @takkarwenja5982
      @takkarwenja5982 Місяць тому +23

      Yeah because before temu we never had this problem

  • @arjundureja
    @arjundureja Місяць тому +908

    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.
      @metalfly. Місяць тому +64

      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
      @user-tn4pr4gu3t Місяць тому +38

      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
      @ChyeHeng17 Місяць тому +10

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

    • @theonlycaulfield
      @theonlycaulfield Місяць тому +4

      ​@@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
      @djmeredith6520 Місяць тому +1

      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
    @Wong-Jack-Man Місяць тому +421

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

    • @Asianevermore
      @Asianevermore Місяць тому +27

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

    • @ElectroBlender
      @ElectroBlender Місяць тому

      China were getting globally subsidised mail.

    • @amandaamanda5398
      @amandaamanda5398 Місяць тому +3

      @@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
      @tomk5238 Місяць тому +7

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

    • @tf-ok
      @tf-ok Місяць тому

      @@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.

  • @AbstractZombie-ed8fj
    @AbstractZombie-ed8fj Місяць тому +101

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

    • @magentika
      @magentika 18 днів тому

      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
      @brotherbig4651 7 днів тому

      They are different. Not the same product.

    • @SOMEONE-eq5bu
      @SOMEONE-eq5bu Годину тому

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

  • @mousebr549
    @mousebr549 Місяць тому +231

    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
      @BRBallin1 Місяць тому +38

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

    • @ahe2988
      @ahe2988 Місяць тому +16

      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
      @everybodyhasoul5438 Місяць тому +12

      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
      @mariealv4888 Місяць тому

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

    • @jackthomas7134
      @jackthomas7134 Місяць тому +2

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

  • @tylersanders2388
    @tylersanders2388 Місяць тому +46

    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
      @jessy1982 Місяць тому +1

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

  • @classikz
    @classikz Місяць тому +515

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

    • @01029690320
      @01029690320 Місяць тому

      It's a monopoly not competition

    • @AdeleiTeillana
      @AdeleiTeillana Місяць тому +57

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

    • @Glorious_Kim_Jong_Un
      @Glorious_Kim_Jong_Un Місяць тому +27

      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
      @iqbalbhq6884 Місяць тому

      ​@@Glorious_Kim_Jong_Unso dumb 😂

    • @minerbob4334
      @minerbob4334 Місяць тому +56

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

  • @ewed418
    @ewed418 Місяць тому +17

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

  • @GamerbyDesign
    @GamerbyDesign Місяць тому +43

    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
      @chenson9587 Місяць тому +1

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

    • @user-yj8zw7hk6f
      @user-yj8zw7hk6f Місяць тому +1

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

    • @vinesthemonkey
      @vinesthemonkey Місяць тому

      most people still don't know about ad blocking!

    • @6laquemoon
      @6laquemoon Місяць тому

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

  • @hhch2
    @hhch2 Місяць тому +129

    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.

  • @Cal97g
    @Cal97g Місяць тому +17

    It’s rampant consumerism

  • @TomHofmann
    @TomHofmann Місяць тому +321

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

    • @dxd42
      @dxd42 Місяць тому +22

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

    • @user-yj8zw7hk6f
      @user-yj8zw7hk6f Місяць тому +11

      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
      @umbrellastudio7481 Місяць тому +3

      meaning ordinary people pay more tax.

    • @badbadbadcat
      @badbadbadcat Місяць тому +5

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

    • @datdang9113
      @datdang9113 Місяць тому

      @@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

  • @thomasbrown6970
    @thomasbrown6970 Місяць тому +22

    Temu is the online dollar store.

  • @alp3781
    @alp3781 Місяць тому +10

    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.

  • @United_Wings
    @United_Wings Місяць тому +121

    Everywhere I go I see their ads even before this video

    • @tmzz3609
      @tmzz3609 Місяць тому +4

      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
      @Viv8ldi Місяць тому +1

      Get adblocker for smartphone and desktop

    • @michaellundphotography
      @michaellundphotography Місяць тому

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

    • @United_Wings
      @United_Wings Місяць тому

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

  • @AceDong
    @AceDong Місяць тому +238

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

    • @waterisformless
      @waterisformless Місяць тому +58

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

    • @ryangreen45
      @ryangreen45 Місяць тому +68

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

    • @DeepNightHour
      @DeepNightHour Місяць тому +23

      People eat trashy food all day long.

    • @jeffjones114
      @jeffjones114 Місяць тому +7

      this is america lol

    • @theredbar-cross8515
      @theredbar-cross8515 Місяць тому

      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.

  • @KillenEMsoftly
    @KillenEMsoftly Місяць тому +170

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

    • @yummm8775
      @yummm8775 Місяць тому +25

      Cheap but quality is garbage that's why.

    • @heatherheatherway6282
      @heatherheatherway6282 Місяць тому +1

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

    • @youngc0930
      @youngc0930 Місяць тому

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

    • @sblue3964
      @sblue3964 Місяць тому +54

      @@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
      @sew_gal7340 Місяць тому

      @@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

  • @jamesjoransen
    @jamesjoransen Місяць тому +97

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

    • @JonySmith-bb4gx
      @JonySmith-bb4gx Місяць тому +6

      Nope .

    • @klaytonickinson
      @klaytonickinson Місяць тому +23

      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
      @Gold833 Місяць тому +5

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

    • @stevepeck3723
      @stevepeck3723 Місяць тому +1

      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...

  • @steevthetech
    @steevthetech Місяць тому +300

    So. Much. Junk. 😢

    • @molamolalaaa2968
      @molamolalaaa2968 Місяць тому +1

      Wise words

    • @AJ-jx5gm
      @AJ-jx5gm Місяць тому +16

      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
      @ShortFunnyTales Місяць тому +5

      Amazon has same junk at 3 times more $$$

    • @Al-Storm
      @Al-Storm Місяць тому +6

      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
      @inthefuns Місяць тому +1

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

  • @Al-Storm
    @Al-Storm Місяць тому +9

    I bought a phone holder there when they first went online, for ~1$... Still works great. You have to know what to get and what to stay away from on there.

  • @Homura514
    @Homura514 Місяць тому +25

    Indulging in extremely cheap goods never saves you money...
    Even most Chinese people hate PINDUODUO(the Chinese TEMU), instead, they use JD and TIANMAO more likely.
    For instance, sneakers with $100 can be worn for 5 years is always better than the one with $ 30 but can only be used for 1 year, meanwhile, the $100 one also be more comfortable.

    • @user-yj8zw7hk6f
      @user-yj8zw7hk6f Місяць тому +3

      pinduoduo was create to give taobao a tight slap i think. I remember seeing some of them being happy cause taobao is losing its direction and selling expensive trash and pdd is giving taobao a wake up call

    • @financialgardening
      @financialgardening Місяць тому

      JD? A long time ago. I lived in China until just last year for a decade. Of all of my friends, one pattern was very clear. Buy everything on Taobao, if you need quality buy on Tmall (tianmao), buy groceries on Pupu (Hema if you’re well off)… JD has been declining for so long. I also have a lot of friends in the countryside, sometimes they still ask me to help them “shave the price” on Pinduoduo. Most Chinese people don’t earn so much, and for them they care about cost. It’s not so different from us, just that both of these numbers look bigger.

  • @kenobi69yearsago57
    @kenobi69yearsago57 Місяць тому +22

    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
      @roxysponge3447 Місяць тому +1

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

    • @claudiuflorea2090
      @claudiuflorea2090 Місяць тому +3

      nice try, Temu HR 😅

  • @johnnygonzalez1907
    @johnnygonzalez1907 Місяць тому +95

    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
      @trish4540 Місяць тому +8

      Exactly!

    • @adjskitran478
      @adjskitran478 Місяць тому +6

      I can testify this.

    • @kylecyr8999
      @kylecyr8999 Місяць тому +5

      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
      @katek9903 Місяць тому

      @@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
      @yourleftnut814 Місяць тому

      @@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

  • @ju98sy
    @ju98sy Місяць тому +7

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

  • @darrenisaacs1089
    @darrenisaacs1089 Місяць тому +77

    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
      @clementdato6328 Місяць тому

      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
      @clementdato6328 Місяць тому

      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
      @jessy1982 Місяць тому +7

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

    • @clementdato6328
      @clementdato6328 Місяць тому +3

      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
      @jessy1982 Місяць тому +5

      @@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.

  • @djp1234
    @djp1234 Місяць тому +505

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

    • @JavenarchX
      @JavenarchX Місяць тому +7

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

    • @wakaneut
      @wakaneut Місяць тому +18

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

    • @gildardo
      @gildardo Місяць тому

      My impression as wheal.

    • @DeusVult77763
      @DeusVult77763 Місяць тому +22

      @@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
      @14x7j4 Місяць тому +1

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

  • @Adrian-zw6sc
    @Adrian-zw6sc Місяць тому +523

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

    • @jimliu2560
      @jimliu2560 Місяць тому +89

      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
      @308_Negra_Arroyo_Lane Місяць тому +56

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

    • @jimliu2560
      @jimliu2560 Місяць тому +50

      @@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
      @sfjava6239 Місяць тому +18

      I love Temu

    • @johnd.5601
      @johnd.5601 Місяць тому

      ​@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.

  • @hotbodtz
    @hotbodtz Місяць тому +53

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

    • @theYorkies
      @theYorkies Місяць тому +1

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

  • @jerrywu5797
    @jerrywu5797 Місяць тому +12

    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.

  • @geraldwatts5492
    @geraldwatts5492 Місяць тому +3

    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.

  • @K4R3N
    @K4R3N Місяць тому +47

    That online shopping dopamine hit 🎰🎲

    • @mikeh8416
      @mikeh8416 24 дні тому +1

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

  • @MH-YouTube-Controlled
    @MH-YouTube-Controlled Місяць тому +2

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

  • @richardbaron3921
    @richardbaron3921 Місяць тому +8

    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
      @zachariah7114 Місяць тому +2

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

  • @blifx
    @blifx Місяць тому +6

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

    • @DC-qn4wz
      @DC-qn4wz Місяць тому

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

    • @mikeh8416
      @mikeh8416 24 дні тому +1

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

  • @metaluniverse7489
    @metaluniverse7489 Місяць тому +1

    I love that the add for this video was indeed Temu

  • @3066961
    @3066961 Місяць тому +3

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

  • @yaretzyfernandez7334
    @yaretzyfernandez7334 Місяць тому +8

    This video made me download temu

  • @dnickolov
    @dnickolov Місяць тому +28

    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
      @mikeh8416 24 дні тому

      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!

  • @user-si8ek6zl1q
    @user-si8ek6zl1q Місяць тому +6

    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
      @mikeh8416 24 дні тому

      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.

  • @Peekaboo-Kitty
    @Peekaboo-Kitty Місяць тому +5

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

    • @DC-qn4wz
      @DC-qn4wz Місяць тому +1

      What if it's a steal?

    • @Peekaboo-Kitty
      @Peekaboo-Kitty Місяць тому

      @@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
    @magentika Місяць тому +6

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

    • @mikeh8416
      @mikeh8416 24 дні тому

      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
      @magentika 24 дні тому

      Yeah look up UK court case privacy issues @@mikeh8416

  • @jasonmelbaus9077
    @jasonmelbaus9077 Місяць тому +4

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

    • @jessy1982
      @jessy1982 Місяць тому +3

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

  • @noizybubble1
    @noizybubble1 Місяць тому +3

    just got a temu ad
    on this

  • @nonstopjoliver
    @nonstopjoliver Місяць тому +5

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

  • @vanderley3
    @vanderley3 Місяць тому +3

    Glad someone is adding competition to Amazon

  • @jaker3151
    @jaker3151 Місяць тому +26

    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
      @Wuroyewuro Місяць тому +1

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

    • @constantinosbou
      @constantinosbou Місяць тому +4

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

    • @diegoflores9237
      @diegoflores9237 27 днів тому

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

    • @mikeh8416
      @mikeh8416 24 дні тому

      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?

  • @augustpropertymanagement3389
    @augustpropertymanagement3389 Місяць тому +7

    Temu is so addictive. You just can't stop spending. Maybe there should be a Temuolic Anonymous group set up.

  • @PisithThanasaethsakul
    @PisithThanasaethsakul Місяць тому +25

    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
      @kenobi69yearsago57 Місяць тому +3

      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 🇬🇧

  • @lindamcneil711
    @lindamcneil711 Місяць тому +2

    Note: what is that ap p tracking on you?

    • @mikeh8416
      @mikeh8416 24 дні тому +2

      The SAME stuff Google and everyone else does. Pretty simple cure, REMOVE PERMISSIONS...

    • @oogie493
      @oogie493 12 днів тому +1

      Google, Facebook, Twitter, Reddit, UA-cam, Bing, what's your point?

    • @mikeh8416
      @mikeh8416 12 днів тому

      @@oogie493 They're afraid the CCP will find out where they went for lunch!!

  • @kimannepark4709
    @kimannepark4709 Місяць тому +4

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

    • @mikeh8416
      @mikeh8416 24 дні тому +4

      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!!

  • @velious2121
    @velious2121 Місяць тому +3

    Basically, if you can’t pay the overload,google, a fortune for ad spend, you won’t last against the giants. Businesses used to have an option in where they advertised like newspaper, the yellow pages, radio, etc. but now if your ads aren’t on google, you’re a ghost. This is going to kill off a lot of small businesses.

    • @mikeh8416
      @mikeh8416 24 дні тому

      WHAT small businesses? You mean the ones WalMart destroyed DECADES ago?

  • @aaronchavez9734
    @aaronchavez9734 Місяць тому +4

    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.

  • @wholelottamoney4595
    @wholelottamoney4595 Місяць тому +1

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

  • @sesame88
    @sesame88 Місяць тому +1

    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!

  • @SierraGolfNiner
    @SierraGolfNiner Місяць тому +17

    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
      @jetli740 Місяць тому

      good luck buy Usa brand

    • @iqbalbhq6884
      @iqbalbhq6884 Місяць тому +1

      Delusional 😂

    • @SierraGolfNiner
      @SierraGolfNiner Місяць тому

      @@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
      @hannesRSA Місяць тому

      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
      @lisashung9442 29 днів тому

      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” ……😂

  • @janekrubes
    @janekrubes Місяць тому +108

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

    • @AJ-jx5gm
      @AJ-jx5gm Місяць тому +3

      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
      @jordan0chang Місяць тому +30

      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
      @trish4540 Місяць тому +13

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

    • @JonySmith-bb4gx
      @JonySmith-bb4gx Місяць тому +3

      U ordered a mirror didn't u 😂

    • @JonySmith-bb4gx
      @JonySmith-bb4gx Місяць тому

      @@jordan0chang china created everything

  • @GiggleNuggetsZone
    @GiggleNuggetsZone Місяць тому +2

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

  • @cdoe3395
    @cdoe3395 16 днів тому +1

    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

  • @dautube
    @dautube Місяць тому +19

    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
      @PeterSedesse Місяць тому +5

      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
      @JonySmith-bb4gx Місяць тому +1

      Lol .. Is actually opposite

    • @JonySmith-bb4gx
      @JonySmith-bb4gx Місяць тому

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

    • @adjskitran478
      @adjskitran478 Місяць тому +2

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

  • @peaceofficer01
    @peaceofficer01 Місяць тому +4

    I bought several large orders from Temu, then stopped buying anymore. The return process isn't as simple as amazon. And, most of the stuff I bought was truly junk...absolute junk.

    • @lisajean1212
      @lisajean1212 Місяць тому +4

      The few returns I had with Temu were absolutely seamless and FREE. How was your experience different? Please share because right now you look like a lying troll.

    • @colynw64
      @colynw64 Місяць тому

      @@lisajean1212 i had the same issue, time consuming return on something that broke out of the box

    • @mikeh8416
      @mikeh8416 24 дні тому +4

      Tell me you've never bought Temu without telling me you've never bought Temu!!
      Oh, *_YOU JUST DID._*
      Temu, INSTANT REFUND, and NO NEED TO RETURN.

    • @colynw64
      @colynw64 24 дні тому

      @@mikeh8416 not true

    • @mikeh8416
      @mikeh8416 23 дні тому +3

      @@colynw64
      ABSOLUTELY true. The only thing they want is a photograph of it. I'm sitting here looking at an outdoor led light that wouldn't charge right now. I took it apart to see if I could figure out why it didn't work. I'm going to turn it into a shop light, since the main sensor/charge board was bad, but the lights and battery are good.

  • @jonmcclung5597
    @jonmcclung5597 Місяць тому +2

    "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.

  • @Sean-ll5cm
    @Sean-ll5cm Місяць тому +3

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

  • @binish.
    @binish. Місяць тому +5

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

  • @KK-pm7ud
    @KK-pm7ud Місяць тому +8

    Their sellers aren't independent

  • @magicunicorn6535
    @magicunicorn6535 15 днів тому

    When I order something online, it's usually because I need it right away. I'm willing to pay a more realistic price for something that will arrive at my door within 1-2 days, than to gamble on a suspiciously low-priced item arriving at all.

  • @jamiexxi
    @jamiexxi 11 днів тому +1

    The biggest shock of this was just how to pronounce Temu

  • @alexander15551
    @alexander15551 Місяць тому +85

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

    • @SexyUndisputed2All
      @SexyUndisputed2All Місяць тому +39

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

    • @overwatch8848
      @overwatch8848 Місяць тому +17

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

    • @graveperil2169
      @graveperil2169 Місяць тому +13

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

    • @alexander15551
      @alexander15551 Місяць тому +15

      @@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
      @alexander15551 Місяць тому +7

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

  • @stephenlawson7846
    @stephenlawson7846 Місяць тому +3

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

  • @Cloudxxx23
    @Cloudxxx23 Місяць тому +1

    It's true. Aliexpress sells way lower compared to amazon. That's why I prefer Aliexpress❤❤❤

  • @Monkey_D_Luffy56
    @Monkey_D_Luffy56 Місяць тому +42

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

    • @malloc7108
      @malloc7108 Місяць тому

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

    • @hmmm4950
      @hmmm4950 Місяць тому

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

    • @jesusorta7723
      @jesusorta7723 Місяць тому +5

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

    • @json_n
      @json_n Місяць тому +4

      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
      @Thanzin1 Місяць тому

      Apple disagrees

  • @jedijooj
    @jedijooj Місяць тому +3

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

    • @TheJackfrost88
      @TheJackfrost88 Місяць тому

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

  • @oyayemayafaro7307
    @oyayemayafaro7307 Місяць тому +2

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

  • @DonJuanMair
    @DonJuanMair Місяць тому +1

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

  • @dxd42
    @dxd42 Місяць тому +7

    US lawmakers: Time to sanction Temu 😂

    • @user-yj8zw7hk6f
      @user-yj8zw7hk6f Місяць тому

      no one allowed to fish in their private ponds 🤣

  • @mariok-t3198
    @mariok-t3198 Місяць тому +2

    I only buy when I really need something...the e-commerce today is out of control really....

  • @housepianist
    @housepianist Місяць тому +20

    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
      @ScottDieken Місяць тому

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

    • @Sam-kx1qc
      @Sam-kx1qc Місяць тому

      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
      @housepianist Місяць тому

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

  • @Turkiye958
    @Turkiye958 Місяць тому +1

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

  • @fredrickonjiko391
    @fredrickonjiko391 Місяць тому

    How do they make profit?

  • @cuteandfunnyearthlings2863
    @cuteandfunnyearthlings2863 Місяць тому +9

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

    • @mikeh8416
      @mikeh8416 24 дні тому +1

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

  • @daffyduck4195
    @daffyduck4195 Місяць тому +12

    I was introduced to Emu last week and in 4 days I bought up lots of goods with no shipping cost. Shopping it felt like Walmart but at Goodwill prices. I was shocked and, sure enough, everything was new. I then did some research that said the company doesn't mind going in the red for its launch as it only wants customer recognition foremost. This kind of promotion is costing the company billions but now it has turn some eyes onto it. It has this customer who purchased $87 of goods from it.

    • @stoundingresults
      @stoundingresults Місяць тому +3

      And how was the quality?

    • @torelloBank
      @torelloBank Місяць тому

      @@stoundingresults i spent 215 euro , the quality was superb

  • @pfefferle74
    @pfefferle74 Місяць тому +2

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

  • @AliEbrahimian
    @AliEbrahimian Місяць тому +1

    haven't heard of Temu before this video

  • @Fairestof
    @Fairestof Місяць тому +5

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

  • @sabeelm9
    @sabeelm9 Місяць тому +4

    Finally a competitor to Amazon. Their prices have been ridiculous in the recent few years.

  • @ninjanerdstudent6937
    @ninjanerdstudent6937 Місяць тому +2

    I am so happy Amazon finally has a competitor. Both Amazon and Temu sell low-quality junk. I have still never used Temu, and I rarely use Amazon.

  • @joeszombiegrrrl
    @joeszombiegrrrl Місяць тому +1

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

  • @silversurfer8237
    @silversurfer8237 Місяць тому +7

    Temu is helping folks cope with inflation. It is a good thing for the USA. If politicians try to break Temu, it just shows they do not care for the needs of the people.

  • @StarDustCrusaders12
    @StarDustCrusaders12 Місяць тому +10

    I love Temu ❤

    • @rally_chronicles
      @rally_chronicles Місяць тому +3

      I got some cool one touch card holders for a cheap price. Almost half price. 🎉🎉🎉

    • @StarDustCrusaders12
      @StarDustCrusaders12 29 днів тому +1

      @@rally_chronicles I go the for kitchen gadgets and stuff to organize with

  • @sirtalkalotdoolittle
    @sirtalkalotdoolittle День тому

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

  • @data.artist
    @data.artist Місяць тому +1

    competition is good to bring exploding price down and to help most average folks save money.

  • @adiposerex5150
    @adiposerex5150 Місяць тому +5

    De minimis shipping avoids taxes, tariffs and customs/import duties
    Temu also skirts taxes by lower cost goods. Tanking US retail shops that obey those laws are at a disadvantage. Boycott these cheaters.

  • @lilb07
    @lilb07 Місяць тому +8

    How do you not bring up the De Minimis Value?? Not a single dollar of import tax is charged on any of these items since they don’t meet the $800 value threshold

    • @tomcullen8367
      @tomcullen8367 Місяць тому

      There are no "private" companies in China, there are Chinese Communist Party cadres on every company board. These goods are shipped directly from Chinese warehouses to US consumers with no taxes or tariffs. The CCP massively subsidizes these companies and a lot of the items are made with slave (Uyghurs) labor. The CCP has a strategy to flood our markets (2 million packages a day, est 200 billion a year added to our trade deficit) with subsidized good to destroy our manufacturing. They have done it with electronics, ship building, solar panels, battery's, etc. They are ready to flood world markets with $10,000 EVs. How stupid we were to raise De Minimus from $200 to $800 in 2016. Congress has a bill to fix this. Call your Congressman and demand it gets fixed. Amazon also benefits from the De Minimus loophole, they forgot they are an American company, so they will lobby Congress to leave the loophole.

    • @tomcullen8367
      @tomcullen8367 Місяць тому

      Typical WSJ story, only focused on profits and business, not US National Security.

  • @CensoredMercy
    @CensoredMercy Місяць тому

    how have i never heard of this

  • @Simpaulme
    @Simpaulme Місяць тому +43

    How is $10 cheap for a water flask!

    • @IMAPOTATOZ
      @IMAPOTATOZ Місяць тому +43

      The distinct shape of that certain water flask is meant to be a knockoff of the trendy Stanley cup. *That* is a $40 water flask

    • @stoundingresults
      @stoundingresults Місяць тому

      If it's made in china 100% it's carcinogenic materials.

    • @heyramineni
      @heyramineni Місяць тому +10

      @@IMAPOTATOZ Yes, but you are paying $30 to have a Stanley logo printed on the same cup.

  • @xaviernice7548
    @xaviernice7548 Місяць тому +8

    Temu products are cheap because they’re made by Santa’s elves.

  • @EcomCarl
    @EcomCarl 17 днів тому

    Temu's rapid growth is a fascinating example of how gamification and aggressive marketing can reshape the e-commerce landscape. This strategy not only captures consumer interest but also demonstrates that market disruption often comes from offering value in unexpected ways. 📈

  • @temper44
    @temper44 Місяць тому

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