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Up 144 Percent! – Temu’s Parent Company Reports Growing Profits
The concept is controversial, but business is booming: the Chinese parent company of discount shopping platform Temu posted a 144 percent profit increase in...
Corporate pressure – dairy farmers angry about new AMA quality seal
The AMA has introduced a new quality seal called “Animal Husbandry Plus.” This has angered some dairy farmers, as the majority of dairy farmers...
Temu founder Colin Huang is now the richest Chinese in Bloomberg rankings
Colin Huang has become the richest man in China, thanks in part to the globally successful Temu shopping app. Bloomberg published its new billionaire...
The pressure is on – How retailers can compete with online giants
Where can I get the product of my choice cheaper? In times of rising costs, price pressure in retail has increased again. ...
Shein, Temu & Co. – Disappointed in the cheap store? This is how you get your money back
T-shirts for three euros, a shower head for five euros, vacuum cleaners for 20 euros: Chinese stores are conquering the European market. But...
