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China's Temu Takes over 17% of US Market Share
- jfengel 3y ago17% of what market? TFA says: In December, Reuters reported that Temu was successfully challenging U.S. dollar stores like Dollar Tree and Dollar General Corp., accounting for nearly 17% of the market share in the United States. According to data analytics firm Earnest Analytics, this compares to 8% for Five Below, 43% for Dollar General and 28% for Dollar Tree. So... the discount store market? OK. The unscoped headline makes it sound like it's 17% of US GDP, or some such. And the article doesn't actually clarify that, except by noting those specific competitors. It talks about the effect on Amazon, but that's not included at all in the list above.
- Didle1990 3y agoThanks for the answers.
- botanical 3y agoTemu sells absolute junk, with fake reviews (almost everything you browse is 5-stars)
- nikonyrh 3y agoI thought this was 17% of all online sales! Like all of the stuff that Amazon sells.
- Didle1990 3y ago[dead]
- mensetmanusman 2y ago17% of my ads, yes.