Does forced labor play a role in the ongoing global success of the popular shopping app Temu? US MPs are calling for parent company PDD Holdings to be added to the sanctions list.
Sensational app success…
The shopping app Temu has taken consumers’ hearts by storm around the world. The application is currently the second most downloaded in Apple’s App Store. Last month alone, the app was downloaded a total of 16 million times in the USA – also fueled by an aggressive marketing campaign as part of the Superbowl event.
The industry insider estimates that there are now over 50 million users SensorTower the US range of Temu. For comparison: E-commerce giant Amazon has around 230 million users. After Temu is said to have had around 130 to 150 million global users last summer, there are now likely to be over 200 million.
Advertisement ShortLong
wallstreetONLINE editorial team
0 Follower
show more
Sign up HERE for the newsletter from the wallstreetONLINE editorial team – an overview of all the top topics of the stock market week! Don’t miss any important investor topics!
The editor-in-chief of the wallstreetONLINE editorial team is responsible for contributions to this journalistic channel.
The specialist journalists from the wallstreetONLINE editorial team, together with their colleagues from the partner editorial teams, report exclusively, well-founded, balanced and independent for investors.
The central editorial team researches intensively in order to be able to provide investors in the self-decision category with relevant information for their investment decisions.
show more
Subscribe to RSS feed