Orange Is the New Commerce - The Ostrich Report
If you think Temu is just cheap socks and weird gadgets, you’re missing the real story.
This is the case study in how fast commerce is mutating, faster than we can civilize it.On this week’s Ostrich Report, Hendrik and I dove deep into Temu’s European explosion, and the numbers are pure madness:
📈 24.7 million EU customers between April and August 2024. 🚀 By June 2025, that figure will hit 150 million active users. 💶 $1.2 billion in revenue from Europe alone. 💰 $120 million in profit, yes, profit, not “adjusted EBITDA.” And they did it all by flipping the script: cross-border → credibility →…
The skinny
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