On today's @planetmoney.bsky.social show, we go deep on Temu: How does it work, how did it manage such a quick rise in the U.S., and what hints might it offer us about the future of retail?
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Given some of the products I've seen for sale on Temu, to include half disguised firearm suppressors, I think I can safely say that this is a shady company to be avoided at all costs.
Log into bluesky for the first time in months and my feed is literally only NPR. It's like finding the old guy in the basement at the end of Inception.
Good friend buys from them all the time. Took a look. All foreign made - cheap looking stuff that will be in the trash in under a year. Don’t need to throw money away so I don’t purchase. He gets a shipment a week from them.
Most of the products are from the same factories as products from Amazon, Walmart, etc. it’s just cheaper because of the fee structure and TEMUs negotiating leverage.
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