Beyond the chart: Temu is attracting visitors with its shockingly low prices, aggressive paid advertising, and high visibility on TikTok. In order to convert visitors into loyal customers, the company is leaning on its popular mobile app.
“There’s reason to be skeptical it can find long-term profitable growth when its early-stage capital eventually rationalizes,” wrote our principal analyst Andrew Lipsman, who warns of the app flaming out the way Wish did.
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