Business Description
Temu is a Boston-based e-commerce platform offering affordable quality merchandise across 29 major categories and over 250 sub-categories of products sourced from global suppliers. With something for everyone, Temu has quickly made a name for itself since its launch in 2022, topping app store download rankings and even airing a Super Bowl ad. Beyond its affordable prices, Temu's Next-Gen Manufacturing model aims to revolutionize the e-commerce industry, leading to more targeted and consumer-directed manufacturing at lower prices. Temu is owned by PDD Holdings Inc., a $120 billion market-cap Nasdaq-listed multinational commerce group with a global presence and offices in the US, China, Ireland, and Singapore.
