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Has Achieved Nirvana
Picture of CHAS
posted
E-commerce to rival Amazon and Walmart?


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Several people have eaten my cooking and survived.

 
Posts: 25677 | Location: Still living at 9000 feet in the High Rockies of Colorado | Registered: 20 April 2005Reply With QuoteReport This Post
Has Achieved Nirvana
Picture of QuirtEvans
posted Hide Post
quote:
Originally posted by CHAS:
E-commerce to rival Amazon and Walmart?


They had multiple ads during the Super Bowl, enough that the repeat was noticeable. I don't know anything else about them, but they must have solid venture capital backing if they can afford Super Bowl ads.
 
Posts: 45725 | Registered: 20 April 2005Reply With QuoteReport This Post
Minor Deity
Picture of Axtremus
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https://www.cnbc.com/2022/09/0...pping-site-temu.html

It’s money from China, supposedly the same folks who own/financed China’s Pinduoduo e-commerce giant. Pinduoduo’s concept is like crowd sourcing wholesale — give retail consumers a way to band together their purchases such that the volume of their orders are large like wholesale orders, then presumably they get closer to wholesale prices from the suppliers and save money that way. It’s supposedly very successful in China.


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www.PianoRecital.org -- my piano recordings -- China Tune album

 
Posts: 12682 | Registered: 01 December 2006Reply With QuoteReport This Post
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