The company now incorporates a marketplace cap of $102 billion, and its inventory rate elevated all through a year during which rivals like Alibaba took extreme hits.
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“It looks as if they’re being backed to be a loss chief to be able to gain industry share, which isn't unlike what Amazon did for a very long time,” states Douglas Schmidt, a professor of Pc science at Vanderbilt College.
Throughout the last few months, posts praising Temu have unfold like wildfire throughout Fb, Twitter, and TikTok—though lots of them use glowing language that appears to become recycled from one particular submit to the following.
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