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Temu is an online marketplace operated by the Chinese e-commerce company PDD Holdings, which is owned by Colin Huang. [10] [9] [11] It offers heavily discounted consumer goods [12] mostly shipped to consumers directly from the People's Republic of China.
Temu takes data protection and customer privacy seriously. The company’s payment system is PCI-certified and the company employs industry-standard security measures to protect sensitive customer ...
Colin Huang resigned from Google in 2007 to set up several companies, including e-commerce giant Pinduoduo. Now, he's worth more than $35 billion.
Temu operates as an online store, carrying cut-price merchandise from self-employed sellers. More than 100,000 of them are based in China, according to Marketplace Pulse, a research firm.
The Better Business Bureau, however, gives Temu just a "C Plus" rating due to more than 900 complaints in just a year about late deliveries, damaged items and other issues.
Temu’s moment as a stiff competitor to Amazon and Shein came and passed—and so did the founder’s reign as the richest man in China.. PDD Holdings, the parent company of the fast-growing Temu ...