What you need to know about Temu, the online shopping app dominating download charts | CBC News

  • 📰 CBCNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 99%

Canada Headlines News

Canada Latest News,Canada Headlines

Temu, a popular new online shopping platform, remains at the top of mobile download charts after debuting in Canada in February 2023. While it boasts bargain-bin deals, experts caution people to think critically before using it.

Sekar says that these strategies are new in North America, even though they're common in Asian markets. The fact that users can actually achieve tangible rewards, he said, caught many people off guard.

One game Temu guides new customers to is a series of draws, which eventually lead to some store credit and coupons that the user can only access if they share and promote the app a set number of times. Sekar describes the phenomenon as "live commerce," which he says is extremely popular in China, but not as much in the West.

"My biggest concern is this is kind of starting off a race to the bottom," he said. "A platform which prioritizes growth over everything else is going to do anything that it takes to get more customers and more sellers on the platform.""Local businesses won't be able to compete with the prices [on Temu]," she said.after its sister app Pinduoduo was suspended by Google in March for "malware.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

From her basement office, this Montreal-area woman is helping solve cold cases | CBC NewsJan Guppy advocates for the families of missing people on a volunteer basis from her home in Laval, Que., with the goal of bringing them hope, support and — most importantly — answers.
Source: CBCNews - 🏆 2. / 99 Read more »

$25M donation aimed at supporting future Scarborough entrepreneurs | CBC NewsSam Ibrahim has donated $25 million dollars to create the Sam Ibrahim Centre of Inclusive Excellence in Entrepreneurship, Innovation and Leadership at the University of Toronto Scarborough.
Source: CBCToronto - 🏆 51. / 61 Read more »

Pedal to the metal and running on fumes, Fast X is furiously flawed | CBC NewsVin Diesel and his Fast and Furious family roar into theatres with Fast X, the tenth instalment in the long-running franchise. CBC's Eli Glasner takes a look under the hood at the automotive extravaganza.
Source: CBCNews - 🏆 2. / 99 Read more »

Biden endorses plan to train Ukrainian pilots on F-16 fighter jets, official says | CBC NewsU.S. President Joe Biden informed G7 leaders on Friday that Washington supports a joint effort with allies to train Ukrainian pilots on F-16 fighter jets, a senior administration official said, a key endorsement as Kyiv seeks to boost its air power against Russia's invading forces.
Source: CBCNews - 🏆 2. / 99 Read more »

Workplace probe finds AFN employees faced harassment, reprisals from national chief | CBC NewsA workplace investigation at the country’s most influential First Nations organization concluded employees faced harassment and reprisals at the hands of its national leader.
Source: natnewswatch - 🏆 58. / 59 Read more »

Trust and ethics central issues in fast-paced, pointed Alberta leaders' debate | CBC NewsThe leaders of Alberta's two largest political parties face off Thursday in a live debate that could help undecided voters make up their minds about who to vote for on May 29.
Source: CBCCalgary - 🏆 78. / 51 Read more »