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Temu's Next Move: Copying Amazon's Most Controversial Playbook? (China Commerce Update with Ed, Part 1) #LTM161
In Europe, Temu is synonymous with cheap goods – but that's exactly the image its parent company Pinduoduo now wants to shed. In this episode, Ingrid talks to China expert Ed Sander about Xinpinmu, a new private-label division with a planned investment of 100 billion yuan over three years. They discuss why Pinduoduo is hitting growth ceilings both internationally and in its home market in China, how the model differs from Amazon Basics, and why a room full of European tool manufacturers visibly flinched at Ed's warning about Temu's competition. This episode is part one of a two-parter – part…
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