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Feb 13, 2023 · Temu is a new app that sells low-priced products from China to U.S. customers. It is owned by PDD Holdings, the parent company of Pinduoduo, a popular online marketplace in China.
- Jennifer Farrington
May 16, 2024 · What is Temu and how is it so cheap? Which? investigates the low-price shopping app, its returns policy and whether it's safe to buy from. We reveal everything you need to know about Temu, from how it works to why its prices are so low
- 3 min
Feb 13, 2024 · Who Owns Temu? Temu is officially incorporated in Delaware and headquartered in Boston, although it is owned by the global commerce group PDD Holdings PDD +0.7% , which was founded by...
Temu is owned and operated by PDD Holdings, a multinational commerce group registered in the Cayman Islands with Dublin also listed as its principal office address. [9] [13] PDD Holdings also owns Pinduoduo, a popular online commerce platform in China.
Mar 6, 2024 · All were flown in from China by Temu’s parent company PDD Holdings, a self-described “agricultural group” engaged in what might be the fastest and most ambitious retail expansion in history.
May 17, 2024 · Who Owns Temu? By Jeremy Bowman – May 17, 2024 at 2:25PM. Key Points. Temu is owned by PDD Holdings, the parent of Pinduoduo. The discount e-commerce marketplace has been growing rapidly...
May 21, 2023 · Temu is a Boston-based e-commerce platform that offers super cheap products and discounts up to 90 per cent. It has a referral strategy that some experts call a "borderline pyramid scheme" and a game-like shopping experience that promotes impulse buying.