Temu parent’s share price drops ~30%: our thoughts
Yesterday (26 August), Temu’s parent company PDD Holdings released its Q2 2024 results. Revenue missed analyst consensus while profit beat expectations.
Stock prices started sliding...
Temu launches local marketplace in Korea and Japan
Followers of Momentum Works newsletter would know that since March, Temu has gradually shifted the focus on its US marketplace: from “full consignment” cross...
Shopee shines in Q2, where have its rivals gone?
Yesterday, Shopee’s parent Sea Group released its Q2 2024 results. The capital markets responded very positively, sending the share price up nearly 12%.
No doubt...
Lazada turns profitable for the first time
This morning (13 Aug), Lazada held a town hall where CEO James Dong revealed that the company had achieved positive EBITDA in July 2024...
Temu’s last mile logistics challenges in the United States
only plausible solution is to improve logistics efficiency
E85 – The Impulso Podcast – Delivery Hero losing grip?
When Delivery Hero acquired Baemin in 2021, the company was financially strong. However, Baemin is now struggling, losing market share to Coupang Eats and...
Singapore-based Qoo10’s Korean ecommerce subsidies face trouble
Recently, sellers of TMON and WeMakePrice, two Korean subsidiaries of Singapore-headquartered ecommerce group Qoo10, have been experiencing delays receiving their sales proceeds.
It is estimated...
E84 – The Impulso Podcast – TikTok Shop vs Temu in...
In this latest episode, we're sharing exclusive snippets from our recent media briefing where we delve into the highlights of our newly released “Ecommerce...
