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Report contents

• 2024 - The year of Temu; 2023 was Shein’s, 2021 Wi …

  • 📈 Temu’s Meteoric Rise

  • 🕵️ Temu vs. Wish: A Key Difference

  • 🚀 Market Adapts to Temu’s Model

  • ⚡ Temu’s Retention Stuns Rivals

• Temu dominates in 2024; rivals struggle to keep up …

  • 🛒 Unbranded rules, but branded items cost more

  • 🔥 US and Europe fuel Temu’s revenue engine

  • 🚀 Temu grows 20x faster than competitors

  • 📱 Temu tops US app downloads in first 6 months

• Temu sales soar, hitting $30B GMV in two years 📉

  • 📈 Temu sales skyrocket

  • 🌍 Temu eyes $40B GMV

  • 🌟 Google slowdown hints at shift

  • 🛍️ Less competition on Black Friday

• Temu’s revenue hits $30B, faces lawsuits and priva …

  • 💰 PDD's Record Income Backs Temu

  • 🔒 Privacy Issues Put Temu Under Fire

  • ⚖️ Lawsuits Surge Against Temu

  • ⚖️ Trademark Battles and Shein Rivalry

If you want to learn more about Temu, you can also check our other 2 reports:

• 🌀Temu: Offer & Price Architecture 💵 - analysis of offer, pricing and promo across geographies

•  Temu: Confronting Amazon US🥊 - analysis of performance, pricing, promo in US

P.S. Feel free to use and share any slide of this report!

2024 - The year of Temu; 2023 was Shein’s, 2021 Wish.com’s🏆 🛒

• 📚Sources: trends.google momentum pages.earnestanalytics 

Google search data shows Temu’s rise in 2024, mirroring Shein in 2023 and Wish in 2021. Temu’s rapid growth reflects shifts in consumer interest toward low-cost marketplaces.

📈 Temu’s Meteoric Rise

Temu has taken 2024 by storm, mirroring Shein’s 2023 dominance and Wish’s peak in 2021. Google Trends data shows a steep climb in searches, surpassing Shein, while Wish has faded. This trend highlights consumer appetite for ultra-low-cost e-commerce platforms.