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Temu receives endorsement from China’s official news agency
Temu, the global arm of PDD holdings, seems to have received an endorsement from China’s official Xinhua news agency.
The article, entitled “From 0 to...
Is ByteDance reflecting on its ecommerce strategy?
Many ecommerce ecosystem stakeholders we spoke to have been puzzled by TikTok Shop’s prolonged focus on profitability this year.
Earlier this year, TikTok Shop reduced...
Miniso spends US$890 million to challenge Sam’s Club in China
Yesterday (23 Sept 2024), Miniso, a leading Chinese value retailer focused on trendy lifestyle and with global presence, announced that it would buy 29.4%...
[New report] Temu: 2 years on
When Momentum Works published “Who is Temu?” in Feb 2023, the newcomer in global ecommerce was not well known, let alone understood.
By this month,...
How players profit in a world where ecommerce return rates reach 90%
In a recent discussion with a top live commerce MCN from China, I casually asked “what is the return rate for your category?”
“Guess?” The...
E88 – The Impulso Podcast – Why Starbucks ousted 3rd chosen successor of Howard...
Starbucks has replaced CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, in hopes that he can help revive Starbucks fading sales.
Since the beginning, Starbucks...
Temu’s last mile logistics challenges in the United States
only plausible solution is to improve logistics efficiency
E84 – The Impulso Podcast – TikTok Shop vs Temu in SEA
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...
Why am I pessimistic about Amazon’s low price attempt
"It is born prematurely, and will unlikely have enough nutrition fed from the mothership."
E83 – The Impulso Podcast – Will Amazon succeed in copying Temu?
During a closed-door seller meeting in Shenzhen, China, Amazon announced it would open a dedicated section offering low-cost, unbranded items shipped directly from China....