Podcasts about Pinduoduo

Americans are feeling better about the economy. What's that mean for stock investors? (00:21) David Meier and Asit Sharma discuss: - Why Americans are feeling better about the economy. - The headwinds facing Okta, and fundamentals for long-term investors to watch. - A retail round-up including Abercrombie & Fitch and Pinduoduo. (19:11) Former CEO of Siemens and Alcoa, Klaus Kleinberg, discusses his book, “Leading to Thrive: Mastering Strategies for Sustainable Success in Business and Life” and finding companies with sustainable competitive advantages. (32:03) David and Asit discuss Southwest implementing baggage fees and two radar stocks: SentinelOne and SoundHound AI. Companies discussed: CRM, INFA, OKTA, ANF, PDD, TJX, BBY, OTC: SIEGY, AA, LUV, SOUN, S Host: Ricky Mulvey Guests: David Meier, Asit Sharma, Klaus Kleinfeld Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices

Memorial Day means mowing the lawn and grilling – while you're outside we've got a company to keep in mind and a few CEOs worth watching. (0:21): Jason Moser and Bill Mann discuss: - What Jony Ive and Sam Altman are cooking up for hardware with OpenAI and io. - MercadoLibre's founder and CEO Marcos Galperin stepping down, and the unsung CEOs that should be getting more love. - Target's continued retail woes, and how Home Depot and Lowe's are holding up until the macro tailwinds return. (19:11) With summer officially kicking off, we thought it was a good time to catch up with Trex CEO Bryan Fairbanks. Motley Fool analysts Andy Cross and Sanmeet Deo caught up with Fairbanks about the war on wood decks, how the company is handling tariffs, and why he expects business to boom as the macro picture clears up. (33:19) Jason and Bill break down two stocks on their radar: Warby Parker and Pinduoduo. Stocks discussed: AAPL, MELI, TGT, HD, LOW, TREX, WRBY, PDD, Host: Dylan Lewis Guests: Jason Moser, Bill Mann, Bryan Fairbanks Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Alibaba. Tencent. JD. Pinduoduo. Run down the list of China's most valuable companies and you'll find, for the most part, that they're all e-commerce companies—or at least facilitate e-commerce. The sector created giants: Alibaba grew from just 5.5 billion renminbi of revenue in 2010 to 280 billion last year. But how did Chinese e-commerce firms shut out their foreign competition? How did they build trust in the system? Lizhi Liu answers these questions in her latest book, From Click to Boom: The Political Economy of E-Commerce in China (Princeton University Press: 2024), where she also studies whether the “Taobao villages” really worked, and how we should think about the “crackdown” on China's tech sector in 2020 and 2021. Lizhi Liu is assistant professor at the McDonough School of Business at Georgetown University, where she is also a faculty affiliate of the Department of Government. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of From Click to Boom. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/east-asian-studies

Alibaba. Tencent. JD. Pinduoduo. Run down the list of China's most valuable companies and you'll find, for the most part, that they're all e-commerce companies—or at least facilitate e-commerce. The sector created giants: Alibaba grew from just 5.5 billion renminbi of revenue in 2010 to 280 billion last year. But how did Chinese e-commerce firms shut out their foreign competition? How did they build trust in the system? Lizhi Liu answers these questions in her latest book, From Click to Boom: The Political Economy of E-Commerce in China (Princeton University Press: 2024), where she also studies whether the “Taobao villages” really worked, and how we should think about the “crackdown” on China's tech sector in 2020 and 2021. Lizhi Liu is assistant professor at the McDonough School of Business at Georgetown University, where she is also a faculty affiliate of the Department of Government. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of From Click to Boom. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Alibaba. Tencent. JD. Pinduoduo. Run down the list of China's most valuable companies and you'll find, for the most part, that they're all e-commerce companies—or at least facilitate e-commerce. The sector created giants: Alibaba grew from just 5.5 billion renminbi of revenue in 2010 to 280 billion last year. But how did Chinese e-commerce firms shut out their foreign competition? How did they build trust in the system? Lizhi Liu answers these questions in her latest book, From Click to Boom: The Political Economy of E-Commerce in China (Princeton University Press: 2024), where she also studies whether the “Taobao villages” really worked, and how we should think about the “crackdown” on China's tech sector in 2020 and 2021. Lizhi Liu is assistant professor at the McDonough School of Business at Georgetown University, where she is also a faculty affiliate of the Department of Government. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of From Click to Boom. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Daniel Eckert über die Magie der Mausaktie Disney, Insolvenz einer Diät-Ikone und den stoischen Kurs der Fed. Außerdem geht es um Alphabet, Nvidia, Uber, Charles River Laboratories, Hensoldt, Fresenius, Vonovia, Carl Zeiss Meditec, Eli Lilly, Novo Nordisk, WeightWatchers, Volkswagen, Mercedes, BMW, Ferrari, Nvidia, Meta Platforms, Microsoft, Altria, Saudi-Aramco, AppLovin, ConocoPhillips, CNOOC, Investor AB, Arista Networks, Visa, Blackstone, KKR, Pinduoduo, Investor AB, Hermès, Münchener Rück, Allianz, Deutsche Telekom, SAP, MicroStrategy und Vertex Pharmaceuticals. Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html) [Hier] (https://open.spotify.com/playlist/6zxjyJpTMunyYCY6F7vHK1?si=8f6cTnkEQnmSrlMU8Vo6uQ) findest Du die Samstagsfolgen Klassiker-Playlist auf Spotify! Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In dieser Episode des kassenzone.de Emergency Podcasts diskutieren wir die aktuellen, sich rapide verändernden geopolitischen und wirtschaftlichen Herausforderungen, die durch die politischen Entscheidungen von Donald Trump und die expansive Strategie der NATO entstehen. Wir beleuchten die Auswirkungen dieser Entwicklungen auf verschiedene Anlagestrategien und erörtern, was diese politischen Turbulenzen für unsere unternehmerischen Ambitionen, insbesondere hinsichtlich einer möglichen Expansion in die USA, bedeuten können. Ein zentrales Gesprächsthema sind die Herausforderungen und Überlegungen, die mit den neuesten Zollkonflikten verbunden sind. Diese Konflikte haben nicht nur die wirtschaftlichen Rahmenbedingungen verschärft, sondern auch die Strategien von asiatischen E-Commerce-Unternehmen, insbesondere Chinas, beeinflusst. Insbesondere diskutieren wir die Wettbewerbssituation zwischen Plattformen wie Pinduoduo, Shein und Alibaba im Vergleich zu westlichen Unternehmen wie Amazon und Walmart. Es erfolgt eine tiefgreifende Analyse darüber, wie Investoren in dieser unsicheren Zeit navigieren können. Wir sprechen über intelligente Anlagestrategien, die Anpassung von Portfolios und das strategische Management politischer Risiken. Dabei wird die Frage erörtert, wie Investoren und Unternehmen auf volatile Märkte reagieren würden und welche Möglichkeiten zur Absicherung gegen zukünftige Unsicherheiten bestehen. Während des Dialogs werfen wir auch einen Blick auf die Technologiebranche und deren Einfluss auf Marktbewegungen. Wir analysieren die strategischen Ansatzpunkte von großen Technologiefirmen in den USA und deren potenziellen Herausforderungen durch neue regulatorische Rahmenbedingungen – insbesondere im Hinblick auf die Widerstandsfähigkeit von Unternehmen wie Amazon in der sich wandelnden Landschaft des Konsumverhaltens. Im Laufe des Gesprächs geben wir unser Feedback zu den aktuellen Trends im E-Commerce und den gestiegenen Risiken, die den unteren Händlern zu schaffen machen. Der Wettlauf um Marken und Produkte auf Plattformen wie TikTok und Pinduoduo wird ebenso angeschaut, wie die Einschätzung des Anlegerverhaltens in verschiedenen Marktbedingungen. Zudem laden wir Sie ein, über unsere Erfahrungen und Einflussfaktoren nachzudenken, um zu verstehen, wie globale wirtschaftliche Strömungen und lokale Entwicklungen Hand in Hand gehen. Abschließend sprechen wir über die Erwartungen an bevorstehende Events, wie die OMR, und darüber, welche Themen dort behandelt werden könnten und welche Überraschungen uns erwarten. Zur Kassenzone OMR Party am 5.5.25: https://www.kassenzone.de/party/ Alster Tour mit Live Pod am 5.5.25: https://spryker.com/events/digital-commerce-side-stage-omr-2025/ Partner in der Folge: https://linktr.ee/kassenzone Community: https://kassenzone.de/discord Feedback zum Podcast? Mail an alex@kassenzone.de Disclaimer: https://www.kassenzone.de/disclaimer/ Kassenzone” wird vermarktet von Podstars by OMR. Du möchtest in “Kassenzone” werben? Dann https://podstars.de/kontakt/?utm_source=podcast&utm_campaign=shownotes_kassenzone Alexander Graf: https://www.linkedin.com/in/alexandergraf/ https://twitter.com/supergraf Youtube: https://www.youtube.com/c/KassenzoneDe/ Blog: https://www.kassenzone.de/ E-Commerce Buch 2019: https://amzn.eu/d/5Adc1ZH Plattformbuch 2024: https://amzn.eu/d/1tAk82E

Ist Trump wirklich so ein Zolltrottel? Was soll Europa jetzt tun? Welche Keynotes schauen wir uns auf der OMR an? Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf doppelgaenger.io/werbung. Vielen Dank! Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) Zölle (00:46:20) Pinduoduo (00:49:459 Intel + TSMC (00:52:00) Trump 

Few things are more ironic than releasing a China focused episode on Liberation Day. Nevertheless, here we go!In this episode of The Business Brew, host Bill Brewster interviews Jingshu Zhang, a persistent listener who recommended looking into China's investment opportunities. Zhang shares his journey from studying in the United States to becoming a successful investor with a unique focus on Chinese assets. They discuss Zhang's experience navigating the Chinese market, the impact of geopolitical tensions, the advantages of holding Chinese state-owned enterprises (SOEs), and specific investment opportunities like Pinduoduo and Tencent. Zhu offers insights into managing risk, the macroeconomic environment, and the regulatory landscape in China. Disclaimer: All content is for entertainment purposes only and not financial advice.  00:00 Introduction and Guest Background 01:15 Investment Opportunities in China 04:04 Challenges and Sentiments Towards Chinese Investments 08:15 Competitive Landscape and Market Dynamics 15:50 Case Study: TK Group and Industrial Sector Insights 22:55 Pinduoduo's Growth and Strategy 34:37 Exploring Global Investment Opportunities 35:19 US Market Insights and Mid Cap Focus 36:08 Tech Giants and Valuation Comparisons 36:13 Tencent: The Super App of China 43:32 State-Owned Enterprises and Investment Safety 53:20 Environmental Regulations and Investment Opportunities 56:59 Delisting Fears and Investment Strategies 01:04:09 Short Selling Challenges and Lessons Learned 01:07:49 Final Thoughts and Contact Information 

In der heutigen #kassensturz Folge, unseren Marketing & eCommerce News, geht es unter anderem um folgende Themen:(00:00) Intro(02:59) Otto Geschäftszahlen 24/25(14:00) Pinduoduo Q4 Geschäftszahlen 24(24:32) TikTok Shop Launch Datum offiziell bestätigt(31:10) Walmart startet Social Commerce Offensive(35:46) #BuyFromEU Bewegung nimmt Fahrt auf(42:53) Meta AI startet in der EU(51:48) Forever21 ist insolvent(55:26) Amazon launcht in Irland(57:57) Instagram führt Double-Speed Feature für Reels ein(58:41) Discord führt Mobile Ads ein(1:00:25) TikTok integriert Amber Alerts in die App(1:01:38) ByteDance nicht glücklich mit US eCommerce Geschäft(1:05:10) Erste Zahlen zu KI-Shopping(1:05:48) Utah erlässt Gesetz zum Schutz von Kinder-CreatornQuellenOtto Geschäftszahlen 24/25https://retail-news.de/otto-umsatz-gmv-2024-2025/ Pinduoduo Q4 Geschäftszahlen 24https://excitingcommerce.de/2025/03/20/temu-und-pinduoduo-jetzt-mit-cashreserven-von-45-mrd/TikTok Shop Launch Datum offiziell bestätigthttps://corporate.aboutyou.de/de/presse/about-you-startet-mit-tiktok-shop-in-deutschlandhttps://newsroom.tiktok.com/de-de/tiktok-shop-start Walmart startet Social Commerce OffensiveThe Information - Creator Economy Newsletter by Kaya Yurieff#BuyFromEU Bewegung nimmt Fahrt aufhttps://www.zdf.de/nachrichten/wirtschaft/usa-trump-boykott-eu-produkte-alternative-reddit-100.htmlMeta AI startet in der EUtheverge.com/news/632876/meta-ai-europe-whatsapp-facebook-instagram-rollout Forever21 ist insolventhttps://www.bild.de/news/ausland/fast-fashion-kette-insolvent-zum-zweiten-mal-in-sechs-jahren-67d8104c9171dd2591866c22 Amazon launcht in Irlandhttps://www.aboutamazon.eu/news/retail/amazon-launches-amazon-ie-in-irelandInstagram führt Double-Speed Feature für Reels einhttps://www.socialmediatoday.com/news/instagram-adds-2x-playback-reels/743749/ Discord führt Mobile Ads einhttps://www.theverge.com/news/633166/discord-mobile-video-ads-quests-ipoTikTok integriert Amber Alerts in die Apphttps://techcrunch.com/2025/03/20/tiktok-to-start-pushing-amber-alerts-to-users-for-you-feeds ByteDance nicht glücklich mit US eCommerce Geschäfthttps://www.businessinsider.com/tiktok-shop-leadership-said-us-ecommerce-business-is-falling-short-2025-3 Erste Zahlen zu KI-Shoppinghttps://searchengineland.com/generative-ai-surging-online-shopping-report-453312 Utah erlässt Gesetz zum Schutz von Kinder-Creatornhttps://www.cbsnews.com/news/utah-children-influencer-protections-ruby-franke-child-abuse/ Max & Kristina auf LinkedIn>⁠⁠⁠⁠⁠⁠ ⁠Max Rottenaicher⁠⁠⁠⁠⁠⁠⁠>⁠⁠⁠⁠⁠⁠ ⁠Kristina Mertens⁠⁠⁠⁠⁠⁠⁠CreditsLogo Design: Naim SolisIntro & Jingles: Kurt WoischytzkyFotos: Stefan GrauIntro-Video: Tim Solle

In dieser Episode des monthly Heinemann tauchen wir tief in die aktuellen Entwicklungen der E-Commerce-Landschaft ein, mit einem besonderen Fokus auf JD.com, Alibaba, Zalando und die überraschenden Zahlen von Pinduoduo. Angesichts von 45 Milliarden Dollar an Barmitteln muss sich Pinduoduo ernsthaft mit strategischen Übernahmegelegenheiten, wie zum Beispiel eBay, auseinandersetzen. Wir diskutieren nicht nur die finanziellen Höhen, sondern auch, welche Auswirkungen die gegenwärtigen wirtschaftlichen Rahmenbedingungen in Deutschland auf das aufstrebende Startup-Ökosystem haben, insbesondere im Hinblick auf Technologien und die Verteidigungsindustrie. Ein erneuertes Schuldenpaket für Infrastruktur- und Verteidigungsinvestitionen sorgt dafür, dass viele Startups in sinnvoller Weise von der europäisch geforderten Resilienz profitieren können. Während wir uns in Berlin umsehen, zeigen sich spannende Ansätze, wie Technologie-Startups gerade in den Bereichen Defense Tech und innovative Bauprojekte an Bedeutung gewinnen. Insbesondere das Potenzial für Drohnen und die Digitalisierung von militärischen Prozessen wird als zukunftsweisend betrachtet. Diese Trends könnten zu einem milliardenschweren Boom im Verteidigungssektor führen und gleichzeitig vielversprechende Raumanwendungen in den Alltag integrieren. Partner in der Folge: https://linktr.ee/kassenzone Community: https://kassenzone.de/discord Feedback zum Podcast? Mail an alex@kassenzone.de Disclaimer: https://www.kassenzone.de/disclaimer/ Kassenzone” wird vermarktet von Podstars by OMR. Du möchtest in “Kassenzone” werben? Dann https://podstars.de/kontakt/?utm_source=podcast&utm_campaign=shownotes_kassenzone Alexander Graf: https://www.linkedin.com/in/alexandergraf/ https://twitter.com/supergraf Youtube: https://www.youtube.com/c/KassenzoneDe/ Blog: https://www.kassenzone.de/ E-Commerce Buch 2019: https://amzn.eu/d/5Adc1ZH Plattformbuch 2024: https://amzn.eu/d/1tAk82E

Philipp Gloeckler beantwortet MBA Hörerfragen und Philipp Kloeckner shortet Pinduoduo. Dazu wird noch die Summe des Komoot Exits geschätzt. Dazu sprechen wie über den Digital Markets Act, Teslas Buchhaltung und dass X wieder 44 Milliarden wert ist. Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf doppelgaenger.io/werbung. Vielen Dank! Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) MBA (00:24:00) Google (00:28:15) Digital Markets Act (00:33:00) Perplexity (00:36:55) Pinduoduo Earnings (00:46:00) Komoot Exit (00:53:00) Teslas Earnings (00:59:25) X (01:03:30) Schmuddelecke Shownotes Amazon unterbietet Nvidia mit aggressiven AI-Chip-Rabatten The Information Johannes Beus: Google Core Update: Foren & Communities verlieren an Sichtbarkeit LinkedIn Brüssel geht trotz Trump-Drohung gegen Google und Apple vor Financial Times Google führt neue Funktionen für das Gesundheitswesen für die Suche und Android ein TechCrunch 1,4 Milliarden Dollar sind selbst für Tesla eine Menge, um durch die Maschen zu fallen Financial Times Satellit statt Glasfaser: US-Regierung plant Milliardenförderung für Elon Musks Starlink Der Spiegel Wert von Elon Musks X „steigt auf 44 Milliarden Dollar Kaufpreis“. The Guardian Russland bespricht Raumfahrtkooperation mit Musk Twitter Elon Musk hatte ein „All Hands“ Meeting bei Tesla BlueSky Tesla fährt durch eine Wand YouTube

Join Michelle Martin on her tour of markets! Asia-Pacific markets are trading mixed as investors digest earnings from FedEx and Nike, both of which slumped post-results. Hosted by Michelle Martin with Ryan Huang, the duo explores Micron’s surge, Apple’s AI shake-up, Tesla’s recall woes, and Top Glove’s return to profit. Singapore’s STI edges up, with ST Engineering shining while DFI Retail and Jardine-linked stocks falter. Plus - how happy is Taiwan, and what does food have to do with it?See omnystudio.com/listener for privacy information.

La distribución de vehículos y las nuevas tendencias del retail por Laureano Turienzo. Laureano Turienzo, Mayor líder e influyente mundial en retail en español, presidente de la Asociación Española del Retail (AER) Laureano Turienze, presidente de la Asociación Española de Retail, presenta un análisis detallado sobre las tendencias actuales en la distribución de vehículos y el retail. Comenzó destacando que en España hay 8.131 municipios, de los cuales 7.983 (98%) tienen menos de 50.000 habitantes, lo que resalta la importancia del comercio de proximidad. Turienzo presentó datos impactantes sobre la velocidad de los cambios en el retail, mencionando que las redes sociales ahora tardan 17 días en alcanzar 100 millones de usuarios, comparado con los 5 años anteriores. Destacó cómo empresas como Carvana en EE.UU. están revolucionando el sector, vendiendo 1,5 millones de coches en 4 años a través de una combinación de experiencias físicas y digitales. Turienze enfatizó la importancia de integrar los mundos físico y digital, señalando que la tasa de conversión en concesionarios es significativamente mayor que en el comercio electrónico. También aborda factores clave en la decisión de compra: precio, surtido, ubicación y atención al cliente, destacando que el 95% de las decisiones de compra son inconscientes. Concluye enfatizando que el retail es un negocio de personas que atienden a personas, y que la atención al cliente es el factor más importante en la experiencia de compra. Velocidad de los cambios en el retail Turienzo explica cómo la velocidad de los cambios en el retail ha aumentado drásticamente, citando ejemplos como el crecimiento de las redes sociales y el desarrollo de la inteligencia artificial, que está experimentando la mayor inversión tecnológica en la historia. Transformación digital y nuevas tendencias Se discutió cómo las aplicaciones chinas están revolucionando el retail al conectar directamente a los consumidores con los productores, eliminando intermediarios. Ejemplos como Pinduoduo y Alibaba ilustraron esta tendencia. Integración de mundos físico y digital Turienze presentó el caso de Carvana en EE.UU. como un ejemplo de cómo combinar experiencias físicas y digitales, destacando la importancia de romper las barreras entre ambos mundos. Factores clave en la decisión de compra Se analizaron los cuatro factores principales que influyen en la decisión de compra: precio, surtido, ubicación y atención al cliente, destacando que el 95% de las decisiones de compra son inconscientes. En resumen: -- Se recomendó aumentar la atención al cliente como prioridad en la estrategia de retail -- Turienzo sugirió adaptar los concesionarios a las nuevas tendencias de consumo, incluyendo la hiperpersonalización y la atención a las mascotas -- Se propuso prestar atención especial a la creciente población envejecida y sus necesidades Producción: Fernando Rivas San Julián José Lagunar Herranz Todos los podcast: https://www.podcastmotor.es Twitter: @AutoFmRadio Instagram: https://www.instagram.com/autofmradio/ YouTube: https://www.youtube.com/@AutoFM Contacto: info@autofm.es

Miramos a las cotizaciones de Palantir Technologies, Tyson Foods, Alibaba, Pinduoduo, Baidu, JD.com, General Motors, Ford, Tesla y Constellation Brands. Con Ignacio Vacchiano, responsable de distribución en España de Leverage Shares.

On 21 November, two stories rocked China's ecommerce scene, with global implications.  In this episode, we discuss the first story: Alibaba Group's announcement to merge its domestic Chinese and international ecommerce businesses into the new Alibaba E-Commerce Business Group, led by Jiang Fan.  This move aims to streamline operations, foster synergies, and better position Alibaba against formidable rivals like Pinduoduo. (The second story—PDD Group's Q3 earnings miss—is covered in episode 102.) In this episode, we explore: Jiang Fan's journey from a mobile advertising entrepreneur to a pivotal leader at Alibaba; Challenges of navigating leadership amidst corporate restructuring; The significance of this merger in a rapidly evolving ecommerce landscape;  How this merger mirrors Pinduoduo and Temu's strategy The ecommerce competition in China and globally is entering a very interesting and probably even more intensified phase now.  Chapters: 00:00:20: Alibaba's ecommerce merger 00:00:50: Who is Jiang Fan?  00:08:30: Transforming Alibaba, and its reversals 00:11:45: Challenges of leading a big organization

On 21 November, two stories rocked China's ecommerce scene, with global implications.  (In the previous episode, we discussed the first story: Alibaba's merger of its domestic Chinese and international ecommerce businesses.) In this episode, we dive into the second story—PDD Group's Q3 earnings miss. But was the ‘miss' engineered deliberately because all the merchant support costs were planned, or was it a lapse in execution?  Tune in as we explore:  Pinduoduo's ¥10 billion merchant subsidies; Why PDD or Temu seems to choose to directly engage rather than hire lobbyists; Temu's opening of a full marketplace mode in the United States;  Pinduoduo's focused operations, and its similarity to global retail giants like Walmart The ecommerce competition in China and globally is entering a very interesting and probably even more intensified phase now.  Chapters: 00:00:45: Pinduoduo's stock price falls 10%?  00:03:45 PDD's frank earnings spook investors  00:06:45: Was the miss deliberate?  00:12:20: Temu launched a marketplace model 00:14:45 Intensifying ecommerce landscape - how are players adapting?

Het bedrijf waar beleggers al het hele cijferseizoen naar uitkijken, kwam met de cijfers. Nvidia had weer een kwartaal waarin klanten als een dolle chips kochten. De vraag naar AI-chips blijft onverzadigbaar. Maar tóch is er een tegenvaller. Meerdere tegenvallers eigenlijk, die we deze aflevering bespreken. De omzet die Nvidia in de toekomst denkt te halen, valt wat tegen. Net als de marges. Al ontdekten we nog wat en dat is de macht van de grote klanten: Alphabet, Meta en Microsoft. We kijken of dat ook een probleem gaat worden voor het bedrijf (en voor jou als belegger). Verder deze aflevering: De Bitcoin die bijna naar de 100.000 dollar gaat De ontslagronde bij de Amerikaanse overheid. Elon Musk heeft zijn blauwdruk ervoor geleverd De rijkste man van India wordt vervolgd door de Amerikaanse Justitie Temu strooit met kortingen, maar de eigenaar achter het bedrijf gaat ook in de uitverkoop op de beurs See omnystudio.com/listener for privacy information.

We're unpacking a critical issue affecting luxury and prestige brands operating in China's discount-heavy e-commerce landscape. With platforms like Tmall and JD and emerging competitors like Douyin and Pinduoduo, brands are constantly pressured to use aggressive discounting strategies to boost sales and visibility. Jacques Roizen, managing director of China Consulting at Digital Luxury Group, joins us as an industry expert who guides some of the world's top prestige and luxury brands through these challenges. Together, we'll explore the long-term impact of discount culture on brand equity, why some brands are starting to ‘detox' from discounts, and how the rise of the gray market is reshaping consumer expectations. 1. How did you enter the e-commerce luxury business in China? 2. Give us the history of premium/luxury e-commerce and how it evolved from its early days. 3. How important is e-commerce for new consumers to learn about new brands? 4. Where's the pressure for brands to discount so much? 5. Is GMV still an effective measure of performance in e-commerce? 6. How can brands discount detox? 7. Who in the organization can orchestrate a discount detox? 8. What should brands do to improve brand equity? Is livestream a way to do this?

Folge #K553 ist etwas Besonderes – ein Crossover zwischen Kassenzone und dem ChefTreff Podcast. Gemeinsam mit Sven Rittau, Host von ChefTreff und CEO der K5, nimmt euch Karo mit auf eine faszinierende Reise durch die E-Commerce-Welt Chinas. Sie berichten von ihrer Retail-Expedition nach Peking, Hangzhou und Shanghai und teilen dabei wertvolle Einblicke in innovative Geschäftsmodelle und bahnbrechende Technologien. Sie sprechen über Plattformen wie Pinduoduo, die durch Gruppenkäufe und Direktverkäufe den Kundenkontakt revolutionieren, und beleuchten das rasant wachsende Live-Shopping, das den chinesischen Handel grundlegend prägt. Außerdem werfen die beiden einen Blick auf die Chancen, die KI-gestützte Lösungen und Instant Retail für den Handel bieten, und teilen First Hand Insights zum Cross-Border-Commerce. Wer ihre Eindrücke zu nahtlosen App-Integrationen, agilen Geschäftsmodellen und innovativen Plattformen in China hören will, sollte unbedingt reinhören. Karos angeschlagene Karaoke-Stimme gibt's als Goodie mit dazu! Podcast-Host - Karo Junker de Neui: https://www.linkedin.com/in/karojunker https://etribes.de/ Newsletter: https://www.kassenzone.de/newsletter/ Community: https://kassenzone.de/discord Disclaimer: https://www.kassenzone.de/disclaimer/ Youtube: https://www.youtube.com/c/KassenzoneDe/ Blog: https://www.kassenzone.de/ E-Commerce Buch: https://www.amazon.de/gp/product/3866413076/ Tassen kaufen: http://www.tassenzone.com

In dieser Crossover-Folge der Podcasts Kassenzone und Cheftreff nehmen die Hosts Sven Rittau und Karo Junker de Neui Dich mit auf eine spannende Reise durch die E-Commerce-Welt Chinas. Sie berichten von ihrer Retail Expedition nach Peking, Hangzhou und Shanghai und teilen wertvolle Einblicke in innovative Geschäftsmodelle und Technologien. Sie stellen Plattformen wie Pinduoduo vor, die durch Gruppenkäufe und Direktverkäufe an KundInnen große Erfolge erzielen, und beleuchten sie die wachsende Bedeutung von Live-Shopping und die damit verbundenen Chancen im Teleshopping- und Livestream-Commerce. Außerdem gibt es praxisnahe Insights und Eindrücke zu Instant Retail, KI-gestützten Lösungen und Cross-Border-Commerce. In der Folge mit Karo Junker de Neui und Sven Rittau lernst Du:

Chinese Companies Going Global: Challenges and Opportunities with Guoli ChenWelcome to another exciting episode of the Asia Business Podcast! Our host, Art Dicker, invites us on a fascinating journey with esteemed guest Professor Guoli Chen from INSEAD in Singapore. Professor Chen, a strategy expert and author of the book Seeing the Unseen: Behind Chinese Tech Giants' Global Venturing, offers an in-depth look at the rapid growth and global expansion of Chinese companies.Connect with Guoli ChenUnderstanding Chinese Companies' Rapid GrowthKey Factors behind Domestic SuccessThe conversation kicks off with a discussion about why Chinese companies grow so swiftly in domestic markets, and a significant question: Is this growth due to a looser legal framework allowing for faster advancement? Professor Chen clarifies that while government policies play a role, deeper factors contribute to this phenomenon.Professor Chen provides insights into his research on corporate governance and strategic leadership, focusing on the phenomenal growth of consumer tech companies like Alibaba, JD, Tencent, and TikTok. He explains that one of the primary reasons for their rapid growth is the unique market conditions within China that foster quick adaptations and innovations.Challenges of Going GlobalWe examine whether the complexity of the Chinese market makes it easier or harder for these companies to adapt to Western standards and regulations.Professor Chen points out that the successful business models developed in China do not always translate well abroad due to different market ecosystems, supply chains, and customer behaviors. For instance, Tencent's WeChat ecosystem is deeply integrated into Chinese daily life, which does not easily replicate in other countries.Opportunities and Constraints for Chinese Multinational CorporationsSupply Chain and Operational EfficiencyProfessor Chen emphasizes the strength of Chinese supply chains, particularly in manufacturing. Companies like Shein and Pinduoduo leverage China's powerful production capabilities and seamless integration to deliver goods to global markets efficiently. This operational efficiency is a competitive advantage that is tough for others to imitate.Data Utilization and Consumer InsightChinese tech firms excel in harnessing data to understand and predict consumer behavior. Companies like Shein and Tmall use sophisticated algorithms to adapt quickly to market demands, offering tailored solutions to consumers, which enhances their global competitiveness.Leadership Styles and Organizational CultureThe conversation takes an insightful turn as the hosts delve into the differences in leadership styles between Chinese and Western companies. Professor Chen points out that many Chinese leaders adopt a low-profile, authoritative style, setting clear directions for their teams. This contrasts with the more visible and charismatic leadership common in Western tech firms.However, this authoritative style also poses challenges, especially when expanding globally. The ability to manage diverse teams and integrate different cultural perspectives is crucial for international success. Professor Chen stresses the need for Chinese multinational corporations (MNCs) to embrace diversity and cross-cultural management practices.Adapting to Global Markets: Lessons and StrategiesIterative Market ApproachNico brings up an interesting point about Chinese companies' iterative approach to market feedback. Instead of relying heavily on focus groups, Chinese firms often launch products quickly and iterate based on real-time consumer feedback. This method allows for rapid adjustments and continuous innovation.Integrating Global TalentThe importance of integrating non-Chinese talent into Chinese MNCs is another crucial topic discussed. Professor Chen emphasizes that for Chinese firms to succeed internationally, they must attract and retain local talents who understand the specificities of foreign markets.ConclusionProfessor Chen leaves us with a thought-provoking insight: while Chinese companies have shown incredible growth and innovation, their ability to adapt and navigate the complexities of global markets will determine their long-term success. Continuous learning, adaptability, and embracing a global mindset will be essential for these enterprises as they compete on the world stage. Timestamps00:00 Introduction and Guest Welcome01:18 Understanding Chinese Business Dynamics04:00 Challenges for Chinese Companies Overseas10:24 Successful Chinese Business Models21:57 Leadership and Organizational Culture33:43 Future of Chinese Companies Globally38:13 Conclusion and Farewell ProducerJacob ThomasFollow UsLinkedInApple Podcasts

The Australian government wants to fine social media platforms up to 5% of their global revenue if they don't stop the spread of misinformation Microsoft is cutting 650 jobs at its Xbox gaming division after its making its biggest acquisition to date -the $69 billion USD purchase of Activision Blizzard Temu's parent company, Pinduoduo, saw its share price drop more than 3% on Friday after the US proposed new tariffs on their products — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The Investing Power Hour is live-streamed every Wednesday on the Chit Chat Stocks YouTube channel at 1:30 PM EST. This week we discussed: (03:26) Discussion on Super Microcomputer (09:46) Acquisition of Seven and I Holdings (19:14) Microsoft's Reporting Changes (31:13) Carl Icahn's SEC Charge (39:25) Nerdy: Small Cap of the Week (40:25) Collapse of Pinduoduo's Stock (41:19) Analyzing Revenue Growth Slowdown (47:13) The Risks of Investing in Chinese Stocks (49:07) The Uncertain Future of Tesla's Full Self-Driving (50:06) The Performance and Concerns of Retail Companies (58:14) Updates on GoGo and ARK Innovation ETF ***************************************************** Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks Follow us on Substack: ⁠https://chitchatstocks.substack.com/ ********************************************************************* Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document Supporting documentation for any claims will be furnished upon request. If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions. Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information. ********************************************************************* FinChat.io is The Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use. Use our LINK and get 15% off any premium plan: ⁠https://finchat.io/chitchat ********************************************************************* Sign up for YellowBrick Investing to track the best investing pitches across the internet: joinyellowbrick.com/chitchat ********************************************************************* Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Emprendeduros! En este episodio Rodrigo nos da una actualización de mercado donde habla de la situación del Mercado, el sentimiento del consumidos, los números de empleo y los niveles de deuda. Nos da los reportes de ingresos de PinDuoDuo, Nvidia, Affirm, CrowdStrike y Salesforce. Después habla del arresto de Pavel Durov, la nueva ley de Inteligencia Artificial y la caída de SuperMicro Computer. Finalmente nos da una actualización de crypto donde habla de un fraude que colapso a un banco. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Emprendeduros: https://www.instagram.com/losemprendeduros

Join Michelle Martin on her tour of markets! Hosted by Michelle Martin with Ryan Huang. Dive into Tokyo Metro and Kioxia's IPOs, Pinduoduo's $50 billion loss, and the latest developments in the US markets. Hear about Boeing's struggles against SpaceX, SingTel's new AI venture with Hitachi, and SGX's delistings. Plus, explore Tencent-backed Black Myth: Wukong's gaming success and its impact on gaming stocks worldwide.See omnystudio.com/listener for privacy information.

Temu's parent company PinDuoDuo is flashing major warning signs about the country's economy as the Dow hits a record intraday high stateside. Plus, all-in on Nvidia – from options to technicals and beyond – ahead of the chipmaker's massive earnings report. Fast Money Disclaimer

Vorige week was het Foxconn die de focus verlegde op het maken van servers, nu is het AMD die een servermaker overneemt. Proberen de bedrijven daarmee een signaal af te geven aan tegenstander Nvidia, en een strijd te ontketenen? Nvidia lijkt onverslaanbaar, maar AMD wil koste wat kost een beetje marktaandeel van de reus wegsnoepen. Je hoort of AMD in die missie gaat slagen, en ook waar chipmaker TSMC op zit te broeden. Die zette de symbolische eerste schop in de grond voor een chipfabriek in Duitsland. Het hoge woord is eruit bij FED-baas Jerome Powell. Het rentebeleid staat op een kantelpunt. Toch blijven beleggers enigszins onverzadigd achter, want wanneer precies en hoeveel precies, daar wil Powell nog geen beloftes over maken. Voor Nestlé-beleggers én personeel was het even schrikken, want die hoorden dat ze na dit weekend een andere baas hebben. De topman wordt aan de kant gezet, krijgt geen rol meer binnen de levensmiddelengigant. En zijn opvolger gaat maandag al aan de slag. En Nederlandse beleggers lijken smoorverliefd op Shell, en durven maar geen afscheid te nemen van het aandeel. Je hoort of dat terecht is, en misschien nog wel belangrijker: of dat slim is.See omnystudio.com/listener for privacy information.

In this episode of The Negotiation podcast, host Todd Embley is joined by Ed Sander, a renowned analyst specializing in China's digital technology landscape. In the first part of this two-part conversation, Ed shares his expert insights into Pinduoduo and the meteoric rise of its international marketplace, Temu. The episode kicks off with Ed discussing the innovative business strategies, such as group buying and aggressive discounting, that have propelled Pinduoduo to immense success within China. He then shifts focus to Temu, PDD Holdings' ambitious cross-border platform, explaining its business model and why it has rapidly emerged as a formidable contender in the global e-commerce arena, potentially rivaling giants like Amazon. Ed addresses common misconceptions about Temu, providing clarity on its operational strategies and market positioning. He also explains the "semi-managed" model, highlighting its significance in Temu's operational framework and its impact on international e-commerce dynamics. Additionally, Ed discusses his upcoming study trip to China with Kaiser Kuo, inviting listeners to gain first-hand experience and deeper understanding of China's tech landscape. Discussion Points:The rise of Pinduoduo in China: strategies and business model.Introduction to Temu and its success factors.Misconceptions about Temu and its comparison with Amazon.Explanation of the "semi-managed" model and its importance.

【欢迎订阅】每天早上5:30，准时更新。【阅读原文】标题：Colin Huang, the founder behind Pinduoduo and Temu, overtakes bottled water tycoon Zhong Shanshan as China's richest person正文：After several moderately successful ventures in gaming and e-commerce, Colin Huang got sick and retired. At one point, the young entrepreneur stayed home for a year thinking about his next move. The former Google engineer eventually started Pinduoduo, an e-commerce platform known for selling dirt-cheap products with massive promotions, in 2015. He quickly ascended the ranks of the world's richest people, with his net worth peaking at $71.5 billion in early 2021.知识点：moderately adv. /ˈmɑːdərətli/to an average extent; fairly but not very SYN reasonably⼀般地；勉强地• a moderately successful career还算成功的事业• She only did moderately well in the exam.她这次考试成绩还好。• Cook in a moderately hot oven.⽤不太热的烤箱烤制。获取外刊的完整原文以及精讲笔记，请关注微信公众号「早安英文」，回复“外刊”即可。更多有意思的英语干货等着你！【节目介绍】《早安英文-每日外刊精读》，带你精读最新外刊，了解国际最热事件：分析语法结构，拆解长难句，最接地气的翻译，还有重点词汇讲解。所有选题均来自于《经济学人》《纽约时报》《华尔街日报》《华盛顿邮报》《大西洋月刊》《科学杂志》《国家地理》等国际一线外刊。【适合谁听】1、关注时事热点新闻，想要学习最新最潮流英文表达的英文学习者2、任何想通过地道英文提高听、说、读、写能力的英文学习者3、想快速掌握表达，有出国学习和旅游计划的英语爱好者4、参加各类英语考试的应试者（如大学英语四六级、托福雅思、考研等）【你将获得】1、超过1000篇外刊精读课程，拓展丰富语言表达和文化背景2、逐词、逐句精确讲解，系统掌握英语词汇、听力、阅读和语法3、每期内附学习笔记，包含全文注释、长难句解析、疑难语法点等，帮助扫除阅读障碍。

ในแวดวงธุรกิจอีคอมเมิร์ซของประเทศจีนเราได้เห็นการเปลี่ยนแปลงครั้งใหญ่ในช่วงไม่กี่ปีที่ผ่านมา Alibaba ที่เคยเป็นผู้นำตลาดอย่างไม่มีใครโค่นล้มได้ กำลังเผชิญกับความท้าทายมากมาย ในขณะที่ Pinduoduo ดาวรุ่งหน้าใหม่กลับเติบโตอย่างก้าวกระโดด รายการ Geek Monday ใน EP นี้เราจะมาชวนวิเคราะห์กันว่าทำไมถึงเป็นเช่นนั้น และอนาคตของทั้งสองบริษัทจะเป็นอย่างไร เลือกฟังกันได้เลยนะครับ อย่าลืมกด Follow ติดตาม PodCast ช่อง Geek Forever's Podcast ของผมกันด้วยนะครับ ========================= ร่วมสนับสนุน ด.ดล Blog และ Geek Forever Podcast เพื่อให้เรามีกำลังใจในการผลิต Content ดี ๆ ให้กับท่าน https://www.tharadhol.com/become-a-supporter/ ——————————————– ติดตาม ด.ดล Blog ผ่าน Line OA เพียงคลิก : https://lin.ee/aMEkyNA ——————————————– ไม่พลาดข่าวสารผ่านทาง Email จาก ด.ดล Blog : https://www.getrevue.co/profile/tharadhol ——————————————– Geek Forever Club พื้นที่ของการแลกเปลี่ยนข้อมูลข่าวสาร ความรู้ ด้านธุรกิจ เทคโนโลยีและวิทยาศาสตร์ ใหม่ ๆ ที่น่าสนใจ https://www.facebook.com/groups/geek.forever.club/ ========================= ช่องทางติดตาม ด.ดล Blog เพิ่มเติมได้ที่ Fanpage : www.facebook.com/tharadhol.blog Blockdit : www.blockdit.com/tharadhol.blog Twitter : www.twitter.com/tharadhol Instragram : instragram.com/tharadhol TikTok : tiktok.com/@geek.forever Youtube : www.youtube.com/c/mrtharadhol Linkedin : www.linkedin.com/in/tharadhol Website : www.tharadhol.com

Shein and Temu-Xinjiang ControversiesIntroduction Welcome to today's podcast, where we dive into the controversies surrounding Shein and Temu, two major players in the online retail world. We'll explore their business practices, links to forced labor in Xinjiang, and the broader implications for consumers and global trade.Temu: A New Player in Online ShoppingLaunch and Ownership: Temu, launched in 2022 by PDD Holdings Inc., is an offshoot of the Chinese company Pinduoduo. It's known for its "buy it now" model and extremely low prices.Business Model: Temu, like Amazon, acts as a middleman between factories and consumers, but it's been accused of unethical practices like stealing photos and certifications from Amazon. Despite its popularity, Temu reportedly loses an average of $30 per order to attract and retain customers.Controversies: Influencers heavily promote Temu, but critics warn against its poor quality products and potential privacy risks, including allegations of embedded spyware in the app.Shein: Fast Fashion Giant Under ScrutinyOverview: Shein, a Chinese fast-fashion retailer, has made significant inroads in the U.S. market, mirroring Temu's success but with a different business model. Shein purchases clothes from factories and sells them under its brand, similar to retailers like Forever 21.IPO and Legal Issues: Shein has confidentially filed for an IPO in the U.S., though concerns about its labor practices, environmental impact, and sourcing from Xinjiang have delayed this process.Uyghur Forced Labor AllegationsBackground: The Uyghur Forced Labor Prevention Act (UFLPA), championed by Senator Marco Rubio, became law in 2021. It mandates the U.S. Department of Homeland Security to block imports made with Uyghur forced labor.Shipping Loophole: Shein and Temu exploit the "de minimis exception," which waives duty fees for packages under $800, allowing them to maintain low prices. In 2022, over 30% of sub-$800 packages entering the U.S. were from Shein and Temu, who paid no duty fees, unlike other retailers such as H&M.Human Rights Concerns in XinjiangForced Labor: Xinjiang's cotton industry has been accused of using forced labor, especially involving Uyghur Muslims. Reports suggest over a million Uyghurs have been detained in "reeducation camps" since 2017, facing intense surveillance, forced labor, and human rights abuses.International Response: In 2021, the U.S. labeled China's actions against Uyghurs as genocide, and the United Nations cited serious human rights violations.Impact on U.S. Market and Consumer AwarenessMarket Influence: Temu and Shein's aggressive market strategies, including Super Bowl ads and massive promotions, highlight their influence. Despite legal and ethical concerns, their popularity grows.Consumer Responsibility: As consumers, it's crucial to consider where our money goes and the ethical implications of our purchases. The allure of low prices often masks serious ethical and legal issues.Conclusion Today's discussion underscores the complex interplay between global commerce, ethics, and consumer behavior. As Shein and Temu continue to expand, it's essential to stay informed about the broader impacts of our shopping choices on human rights and global trade. Thank you for tuning in.https://www.buzzsprout.com/2236104/support Support the Show.

Between last week's debate and today's Supreme Court ruling, Silicon Valley is thinking more than ever about what another Trump presidency would mean for the tech industry. A friendlier deal environment could benefit megacaps and the small to midcap software names. Gig economy names and American e-commerce would also get some relief from a lighter touch. On the flipside, the Trump short tech basket includes Temu-owner Pinduoduo and social media names.  

Ce vendredi 21 juin 2024, Céline Piquemal-Prade, présidente de Piquemal Houghton Investments et Frédéric Rozier, gérant pour Mirabaud France, se sont penchés sur les titres de Pinduoduo et de Nestlé dans On achète ou on vend ? dans l'émission C'est Votre Argent présentée par Marc Fiorentino. C'est Votre Argent est à voir ou écouter le vendredi sur BFM Business.

Was lernt Pip aus dem Google Leak, wie waren die Earnings der Temu Mutter, was bedeutet eine Kooperation von Apple und OpenAI für Microsoft? Philipp Glöckler und Philipp Klöckner sprechen heute über: 00:00:00 PE für Kleinanleger ohne adverse Selektion? 00:23:00 Google Leak 00:28:50 Finn Auto news  00:30:00 Pinduoduo, Temu 00:39:20 Google AI 00:48:25 Apple x OpenAI 00:55:40 SaaS & AI, Salesforce 01:10:00 UI Path 01:07:10 C3AI Shownotes: Google Leak: LinkedIn, Ipullrank Finn Auto Ex CEO: LinkedIn PDD: CNBC AI Overviews: Google Blog Google rudert zurück: LinkedIn OpenAI x Apple: 9to5Mac UIPath Cathie Wood: X Salesforce CEO: X Elon Twitter Beef: X Outro Heute: Soundcloud

(AURN News) — Love the deals you get on Temu? Well, according to one congressman, the app may be spying on you. In a letter to President Joe Biden, Senator Tom Cotton (R-AR) has raised the alarm over the popular shopping app, alleging that the Chinese-owned platform may be "harvesting vast amounts of personal information from American consumers." The senator's letter cites concerns that Temu's data-gathering practices could be "even more dangerous than TikTok's," pointing to a lawsuit that claims the app can access "everything on your phone." Cotton urged the Biden administration to address Temu's alleged ties to the Chinese government, as well as potential violations of U.S. laws and regulations. "As with TikTok and other invasive Chinese apps, Temu has no place in America," Cotton wrote in the letter, referencing the ongoing debate over the video-sharing platform's national security risks. This latest controversy comes amid a broader push to scrutinize Chinese-owned apps over privacy and spying concerns. Google Play recently removed Temu's parent company Pinduoduo's (PDD) app due to the discovery of harmful malware that could access users' biometric data and information about their Wi-Fi networks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Emerging markets have sometimes promised more than they have delivered, but circumstances may be tipping in growth investors' favour. Will Sutcliffe, head of our Emerging Markets Team, explains why it's an opportune time to invest in the asset class. Background: Will Sutcliffe is the head of Baillie Gifford's Emerging Markets Team and co-manager of our Emerging Markets Leading Companies Fund. In this episode of Short Briefings on Long Term Thinking, he brings his 23 years of experience in the field to explain what makes the specialism different from other types of growth investing. He makes the case that finding exceptional growth companies at attractive valuations is only part of the equation. Investors must be mindful of the broader macroeconomic environment, he explains, to avoid getting caught out by currency swings or spiralling debt costs. This leads him to conclude that recent resilience in emerging market economies could point to a favourable outlook for the asset class's growth stocks. All this only matters to our portfolios if there are exceptional businesses to invest in, and Sutcliffe argues that the emerging markets are home to an increasing number of world-class companies. They range from the Taiwanese chip maker TSMC to the energy, retail and telecoms conglomerate Reliance Industries. Resources: Emerging markets: why bother?Stock story: PinduoduoSouth-east Asia's rising export starsJio Financial ServicesNaturaPDD HoldingsPinduoduoReliance IndustriesTemuTSMCGabriel Garcia Marquez: Until August Timecodes:00:00    Introduction01:45    Joining the Emerging Markets Team03:15    A ‘terrifying' baptism of fire05:00    Emerging markets' ‘dirty little secret'05:45    Qualifying for emerging markets status06:45    Higher-calibre companies08:00    Macroeconomic resilience09:30    US-China tensions and Russia's invasion of Ukraine12:00    Investing in China13:45    PDD Holding's Pinduoduo and Temu

Transcripts and more videos: ⁠⁠⁠⁠⁠https://www.lazychinese.com⁠⁠⁠⁠⁠ Book a private lesson here: ⁠⁠⁠⁠⁠⁠https://www.lazychinese.com/book-lessons⁠⁠⁠⁠⁠⁠ Group class information: ⁠⁠⁠⁠⁠⁠https://drive.google.com/drive/folders/1WseBcV2Gelp5Dbj7A7JXVFTsy2yCpvfD?usp=share_link⁠⁠⁠⁠⁠⁠ (please email me to join: ⁠⁠⁠chensuqing537@gmail.com⁠⁠⁠) Buy me a coffee so I can keep creating more content for you: ⁠⁠⁠⁠⁠https://ko-fi.com/comprehensiblechinese⁠⁠⁠⁠⁠ My personal favourite graded reading app:  Du Chinese is free with a variety of lessons which are story based, comprehensible, high repetition and engaging.   With a premium subscription, you get access to all the stories.  Use my code: "CC10" to get 10% OFF all subscriptions. ⁠⁠⁠⁠⁠https://duchinese.net/lessons⁠⁠⁠⁠⁠ Contact me: ⁠⁠chensuqing537@gmail.com⁠⁠ #lazychinese #comprehensibleinput #TPRS #slowchinese #chinesestories #chineseculture #easychinese 

For years Apple has claimed its app store and ecosystem is meant to protect its users. The FTC isn't so sure.  (00:19) Emily Flippen and Jason Moser discuss: - The FTC's suit against Apple, and why it probably means years of lawyer fees and distraction for Apple. - Chipotle's 50-for-1 stock split and the market reaction to Reddit's debut.  - Earnings from Chewy, Nike, Lululemon, and Accenture.  (18:51) Motley Fool contributor Brian Feroldi breaks down Reddit's S-1 and the major risks facing the the self-proclaimed “Front page of the internet” (33:47) Emily and Jason break down two stocks on their radar: Pinduoduo and TopGolf Callaway. Stocks discussed: AAPL, CMG, RDDT, CHWY, NKE, LULU, ACN, PDD, MODG Host: Dylan Lewis Guests: Jason Moser, Emily Flippen, Brian Feroldi Engineers: Rick Engdahl, Austin Morgan Learn more about your ad choices. Visit megaphone.fm/adchoices

Pip berichtet heute aus St. Gallen und versucht die undurchsichtigen Zahlen von Pinduoduo und Temu zu durchleuchten. Reddit öffnet mit überragender IPO Performance wohl das IPO Fenster für andere.

Alle Infos zu ausgewählten Werbepartnern findest du hier. Aktien + Whatsapp = Hier anmelden.  Lieber als Newsletter? Geht auch.  Das Buch zum Podcast? JETZT BESTELLEN.  Douglas und Reddit wollen an die Börse. Astera Labs ging gestern mehr als erfolgreich an die Börse. Der Leitzins bleibt, BioNTech schrumpft, Chipotle teilt. Außerdem ist Kering schwach, Pinduoduo stark und Japan prüft den Bitcoin. 16% Dividendenrendite. 45% Jahresrendite. Aktive Anleihenrendite. Das alles ist DWS (WKN: DWS100). Vergesst Bitcoin, Ether und Solana. Die großen Krypto-Renditen gibt's bei DogWifHat, Dolend Tremp, Joe Boden und Elizabeth Whoren. Diesen Podcast vom 21.03.2024, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

Join Jon and Pete Najarian on today's episode of Rebel's Edge as they discuss stocks including Signet Jewelers losing its luster, Pinduoduo spiking on strong 4th quarter results, Chipotle announcing a 50-for-1 stock split, and a NASDAQ shareholder shakeup. Gain a deeper understanding of these stocks as Jon and Pete share their perspectives, potential growth prospects, and market predictions. Stay on the cutting edge with Rebel's Edge. 

EP318 - Temu Deep Dive with Earnest Analytics  Episode Summary: In this episode, Jason "Retailgeek" Goldberg and Scot Wingo dive deep Temu, the online marketplace operated by the Chinese e-commerce company PDD Holdings, that has become the fastest growing retailer in history. Joining us on the episode is Michael Maloof is the Head of Marketing for Earnest Analytics. Earnest works with world-class data partners to acquires, anonymize, and productize insight about the entire U.S. Economy. They have posted numerous insights about Temu in the US this year: Feb 28: Temu's 2024 Super Bowl ad blitz failed to accelerate growth March 5: Temu is growing fastest among high income earners March 12: Almost half of Wish, AliExpress customers shop at Temu In this episode we cover who Temu is, how big they have become, who their customers are and what retailers they are likely impacting, their go to market strategy (and especially their marketing spend), the controversy around their use of the Global Postal Treaty, and some of their potential risks. We also explore where they could go next. If you're in the commerce space, you'll want to make sure you are up to speed on Temu. Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 318 of the Jason & Scot show was recorded on Wednesday, March 13th, 2024. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:23] Welcome to the Jason and Scott show. This is episode 318 being recorded on Wednesday, March 13th, 2024. I'm your host, Jason “Retailgeek” Goldberg. And as usual, I'm here with your co-host, Scott Wingo. Scot: [0:39] Hey, Jason, and welcome back, Jason and Scott show listeners. Jason, one of the topics that is coming up a lot this year, we talked a lot at a lot in our recap and our preview is Temu. By many measures, people think they're one of the fastest growing e-commerce companies in history. If you watch the Super Bowl, I think they spent $8 trillion on ads there. So we want to do a deep dive into this and cover a number of topics. We want to talk about a little background around Temu. What's it mean for U.S. retailers? And, you know, it's a Chinese company. Does it even matter? If yes, why? Because Temu isn't public and they are a Chinese company, they don't really disclose any information. So we wanted to bring on a guest that is basically a Temu expert. So we looked around and we found Michael Maloof. He is the head of marketing at Ernest Analytics. Ernest works with world-class data partners to acquire, anonymize, and productize insights about the U.S. economy. They have posted lots of articles. This is how we found Michael. I think you know him as well from the trade show circuit. So he's going to help us do this deep dive into what's going on at Temu. Welcome to the show, Michael. Michael? Michael: [1:59] Yeah, thanks so much for having me on the show. Big fan of your annual predictions and the work you guys do. So I'm head of marketing at Earnest Analytics. We're the leading credit card retail pricing and healthcare claims data provider for investors and retailers. Before Earnest, I was actually a tech and telco analyst over at Goldman. The two credit card data sets we work with now, Orion and Vela, are probably the most pertinent to my conversations about the consumer economy and certainly this conversation today about TMU. They sourced respectively from a large account aggregator, like a budgeting app, and part of a POS system in the US. And Ernest essentially takes these massive and messy data sets, normalizes structures, and then puts them onto our platform so everyone from portfolio managers to marketers can see this third-party data. For example, you'd see market share, competitive benchmarking, customer behavior, revenue predictions, and macro trends for thousands of companies, including TMU. Scot: [3:03] Awesome. Thanks, Michael. And then, so which sector did you cover when you were an analyst at Goldman Sachs? Michael: [3:08] Tech and telco. So anything in the tech space, we had a few marketplaces in there, telecom companies. It's been a while though. Ernest has been my home now for seven years. Scot: [3:20] Okay. Was this in the Anthony Noto era you were there? Michael: [3:23] This was in the vera rossi era she was my my lead where we recovered uh latin american tech and telco. Scot: [3:30] Very cool awesome yeah they did goldman did the channelizer ipo so i get to know the team there pretty well awesome well before we jump into the data which we're excited to kind of hear what you have to share here jason i know this has become a very hot topic in your world you you You spoke on it at NRF. In your day job, you're getting tons of questions about this. I think you're booked out solid with Tmoo briefings. So those people pay big money for it, and our listeners don't pay. Give us the free version of your backgrounder on Tmoo. Jason: [4:05] Yeah, thanks, Scott. And I'm sure we'll spice in some other tidbits as we go, but I'll try to give a concise bullet. it. Temu is a subsidiary of a company that used to be called Pinduoduo in China. It's now called PDD Holdings, which is infinitely easier to spell, by the way. And PDD Holdings is one of the largest e-commerce companies in China. On a market cap basis, they keep flip-flopping with Alibaba. So they're super competitive. They're way north of like $400 billion in GMV in China and had a really interesting trajectory, but a couple of years ago, they launched Tmoo into first UK and then US, now 49 other markets as a new retail concept. And so a couple of things I'd want folks to know before we dive in with Michael, first of all, the name is a loose English acronym for team up price down. So I always pronounce Tmoo as in team. [5:08] There are multiple pronunciations out there, even from Tmoo employees. So I'm not sure there's an official pronunciation. In the United States, they launched in September of 2022. So they're about 18 months old now. And most folks were not familiar with them until, a surprise, three months after launching, they bought a Super Bowl ad. So they became familiar to millions of Americans with the Shop Like a Billionaire ad that ran in the Super Bowl in 2023. And then as Scott alluded to, they bought five ads in the Super Bowl this year. So they haven't disclosed what they paid. A normal 30-second spot in the Super Bowl costs about $7 million. They ran four ads during the Super Bowl and one during the postgame. So estimates are in the kind of $20 to $30 million that they spent just on that ad. There's a bunch of estimates for how big they are in the U.S. I'm eager to hear what Michael thinks, but his old rivals at Morgan Stanley have them at about $16 billion in GMV in the U.S. But more interesting, Morgan Stanley estimates they're going to be $32 billion by 2030. So you think about a retail company that launched in September of 2022, and then in the first year, business sold $16 billion worth of stuff. That's the fastest growing retailer of all times. We do know from other sources that they get more traffic every year than Target. [6:36] They've been the most downloaded shopping apps on the Android and Apple app stores since they were born. So they've kind of owned the top of that list. And a couple other little interesting things. They are a marketplace. They have invented a model they call next generation manufacturing. So they're a marketplace. It's all three-piece sellers that are selling goods on Temu. But unlike traditional Western-based marketplaces, Temu does a lot more of the work, of listing the products and fulfilling the products for the factory. So they may, if you're a factory, they say the only thing you need is a cellular internet connection, and they provide you all the infrastructure to become a successful seller on Temu. There's somewhere between 80 and 100,000 Chinese factories that are currently sellers on the marketplace. And then one big innovation is this week, they're turning on the ability for U.S. Marketplace sellers to sell and fulfill their goods from the U.S. as well. So one interesting question about a marketplace is, are they competing for sellers with Amazon and Walmart? And now they're bringing that fight to American soil. So that, I feel like, is enough to get us started. There's certainly an interesting company that's worth following. [7:52] The way I originally discovered Earnest is through this show. One of our most popular guests, Dan McCarthy, has been on a few times talking about his his CLV methodologies. And our listeners have really enjoyed his his commentary. He has partnered with Earnest Data several times to do some really interesting analytics. And you guys at Earnest have published a couple of those as thought leadership. And so that's how I first met you. And then, Michael, I noticed you published like three articles on Temu this year. Michael: [8:22] That's right. Right. Teamio has been one of the top client asked for themes. It's definitely something we're seeing a lot in the press. We work a lot with those thought leaders as well. And that's something that we're getting a lot of questions on from everyone from business to fashion to Dan McCarthy. So glad to answer any questions there. We are kind of in a unique spot, kind of have the dashboard on the consumer economy, if you will. Basically what's going on within the last few days we can see everything from customer acquisition they have to their gross market merchandise value. Scot: [8:56] Got it let's let's start at the basics and let's pretend you know so i see Temu and you know it looks like they've got and you know one of my theories is it feels a lot like wish.com so it's really kind of cheap stuff slower ship going to what i would call value-oriented and consumers, you know, in your data, what, what kind of customer are, is buying this and then how fast do you think they are really growing? Michael: [9:22] Yeah, let me answer the second one first. Timmy's growing very quickly. Like you said, from late 2022 onwards, our data is showing double digit month to month growth, which is just explosive, right as it became a household name. In the first three months, for context, it had roughly as many weekly active users in the US as the largest fast fashion brand, Shein, and within 10 months had surpassed Shein in sales. And it had taken Shein years to get to that point. So really, a much shorter timeline. For an idea of size, about 18% of US households have shopped at TeamView since its launch. And in terms of GMV, in February, we saw about 1% of Amazon's US GMV. If you look at that, if you just break that out over the whole year, I believe in 2023, their net sales were something like over $500 billion. You're looking at around $50 billion in gross merchandise value moving through the service. But nevertheless, it's kind of not made really meaningful inroads with the largest online brands. I mean, it's still 1% in a good month. And that's actually decelerated since 2023. In fact, February of 2023 had fewer sales than January, despite the really heavy advertising spend you mentioned. [10:47] So yeah, there's some signs that the growth is kind of changing there. Mainly that retention is increasing even while this like... [11:01] New customer acquisition-based sales growth model is slowing down. TeamU's average customer lifetime value tracks higher than Walmart. And we're seeing customers becoming much more loyal. So that's an interesting kind of plus for them while sales in total are kind of hitting a lull. But yeah, let's talk about who those customers are too. It's definitely been one of the more interesting finds from our data. Despite the really low price points and that kind of gamified discount system, TeamView's US customer base skews middle to high income, actually. Sales among customers earning that over $190K, which is obviously very high up there, they're the fastest growing income bracket. And that's from May to January, May of 23 to January 24. So those sales to customers earning under $55K, like less than the median U.S. household income, that's actually the slowest growing. So today, about 44% of TeamU sales come from earners making over $130K. Not only do high-income earners account for the largest share, they're outgrowing. We just think that TeamU resonates mostly with customers with more disposable income. income, people who can afford to take a gamble on an item that might not work out. [12:27] You buy a floor mat for $5, it doesn't work. A middle high income person might just say, hey, it was $5 wasted, but the poor people don't always look at that. They're looking for a little bit more bang for their buck, can't afford that type of gamble. Yeah, it's interesting. Scot: [12:46] Cool and then you've you know you mentioned that they're you know basically their ltv is going up do you have any insight into why are they getting better at like maybe predictive analytics or recommendation engine or you know they see jason bought some gadget and then they they know he's now a gadget geek and they kind of start targeting do you have any insight into what's driving that that bump in LTV? Michael: [13:09] That's a good question. So I don't really have much insight into that. I try not to get out over my skis in terms of the data that I have available to me. We're looking at retention. We're looking for what's called a smile. Dan McCarthy talks about it all the time, which is over time as a company starts to bring back more customers that stopped stopped spending with them. And that's been pretty rare to see in e-commerce history. That's something they've managed to do. How they're doing that, I'm not totally sure. So it's definitely going to be the key for them to continue growing as new customer growth slows down, though. Scot: [13:52] Yeah. Jason, do you know? Jason: [13:54] Yeah. Well, so I don't know. I just want to point out that while Michael is wisely trying to not get over his skis, I live over my skis. So I'll tumble down the ski slope once again. One of the things I maybe should have said up front or maybe apparent to a lot of people is T-Moves marketing spend isn't just that Super Bowl ad. They're spending a fortune on digital ads and almost certainly losing a lot of money on every sale. So there's a Wall Street Journal article that came out this week that said that Temu or PDD overall spent over $2 billion with Facebook and was Facebook's largest advertiser. They're also Google's largest advertiser in the U.S. And so they're buying a lot of customers. And the the Wall Street Journal estimates that they're losing $6 on every sale. They're spending so much on customer acquisition. And so in that first year, they're doing a ton of marketing. There's a ton of people that never heard of Temu. They're acquiring those customers. They're getting that first order. [14:54] And, you know, a mini version of this is what Wish did until they ran out of money. But though it doesn't seem like there was a lot of evidence that Wish ever got traction, right? Like they didn't get those repeat orders. And what I think we're seeing And what I've seen in some of the data that Michael shared with us is that Temu very much is growing that LTV, getting repeat orders, even as the flood of digital marketing they're spending is sort of losing some efficacy as the law of large numbers kick in. And then I would also say Pinduoduo in China and now Temu in the U.S. Is very well known for their gamification. So they have lots of clever gamification mechanics on their websites, group buying, contests, gifts, one-time deals that are all like very carefully crafted to entice you to make an incremental purchase and to make an unplanned purchase. So I think all of those things appear to be working and then they hit you on social media with, you know, a huge spend, you know, right when you're, you're doom scrolling and expressing some, some purchase intent through your clicks. Scot: [16:08] Very cool. How about you, Michael, you mentioned this, this, this slowdown, which is exactly opposite of what I would have thought given the Superbowl ads. What do you, does the data show you anything there? Is it? Normal or like what what's going on. Michael: [16:23] Yeah i mean i don't know i don't know what would be normal for this company that's still up hundreds of percent a year but when i'm looking at at month over month growth which is the kind of the best way i can think to to look at it it is pretty remarkable there was some sort of a step change in august of last year where it went from growing double double digits each month to growing just single digits or down. The holidays, December actually was smaller than November in terms of their sales. And January was smaller still, makes sense. But February, also very challenged in terms of sales. I'm wondering if they're in a sort of spiral in terms of the new customer's first time kind of buying frenzy is over, or if this is a shift towards very purposely trying to get people in the door and they're just actually tapping brakes a bit on advertising spending. I'm not totally sure what this signals just yet. Scot: [17:35] Got it. Okay. Jason: [17:36] Is it safe to say that there's no clear evidence that spending $30 million million dollars on the Super Bowl had a super observable impact on their sales. Michael: [17:46] Okay. Yeah. So the Super Bowl. Let's talk about that. The million dollar question or $30 million question, I guess. The answer is probably not. There are a lot of ways to measure advertising effectiveness, as you guys know better than most. Brand awareness and net promoter score. But yeah, for a young company like this facing slowing new customer growth, I'd imagine they're looking to move the needle with each of these like big marketing events and the data just suggests that their multiple ads on February 11th had no meaningful boost in sales actually TeamU saw a noticeable deceleration in sales growth following the event actually kind of, like sales were significantly slower in the next few days. So unless they're measuring this on a much longer timeline, I don't think this investment was worth it. I think they would be better just plowing dollars into digital, wherever that is. Jason: [18:42] Yeah, it's super interesting. You know, obviously for listeners that don't know, my salary gets paid by those Super Bowl ads. I work for a big ad agency for which I'm very grateful. But the lot of controversy around our water cooler the day after the show. That was a spin that you rarely see. And in one metric, it clearly had an impact. There was a lot more discussion about Temu than any other company on social media the day after the Super Bowl. So the Super Bowl ads triggered awareness and conversation. I think they were the second behind Verizon, which had Beyonce, right? And so there was a lot of talk on social media. It was not all positive. There was a lot of discussion on social media, but people that hated the team who had the first time they saw it because it was sort of by Super Bowl standards, not a very high production animated ad. I think they made it in-house and they, you know, ran it with much greater repetition than audiences are used to. So it generated a lot of conversation that didn't necessarily translate to sales, at least that we can measure in the short term. And so that that's going to be interesting long term case study about what what these kind of, you know, splashy big reach audiences can and can't can't do. Right. Michael: [20:00] You know, I don't, again, skis and getting over them. It just seems like the outcome for them at this point should be a little further down the funnel. And I don't see how advertising spend like that will marginally get someone, persuade someone to buy a team you that wasn't already going to. It seems, yeah, it was a lot and there was no really movement in our data, either in new signups or in sales. I think there's some other research out that downloads are trending downwards or slowing down as well. We don't have that data, but I was reading elsewhere. So I think, Scott, this is maybe more to your 2024 prediction that people are realizing this is wish and slowing. and becoming less enamored or falling out of it. Jason: [20:52] No, no, no, no. Scott's predictions cannot be right. Scot: [20:55] Wait, if I hear that, you're pre-anointing that I'm right. Is that you're here in March, you're saying I was right with my prediction. Man, I'm good. Michael: [21:04] I didn't want to pick a side here, but I think people might be falling out of love with it, although it's not because it's not wish, it's because they're out wishing wish. We can talk to it a little bit. But I think people just realize Teamio is managing to disrupt Wish. And we can talk to the brands that it's disrupting. That's just one of many. It's got higher retention, bigger scale than Wish. But it does have the same limits as Wish and that this deep discount model doesn't have the big household brands that people want when they're making those everyday purchases that are slightly bigger, like the Tides and Cloroxes or the recognizable alternatives. There are just some things you don't want to replace and you don't want to gamble on. I don't think anyone wants to spend a dollar on detergent and see what happens. It's just going to be tough for them to scale at some point. I think the question we should be asking is if they've reached that point yet. I'm not sure. The sales growth slowing suggests they could have. But in the meantime, they are actually taking a wrecking ball to several other brands. So just because total sales is slowing doesn't mean the disruptive effect is slowing. Scot: [22:22] Yeah, let's go, Jason. Jason: [22:51] Because Temu is buying so many ads and driving the price on all those auctions up. So don't know if it's moving the needle on consumer impact or not, but it for sure is having an impact on their competitors, at least in that regard. Michael: [23:04] So you're saying maybe their goal is to just suck all the oxygen out of the room? Jason: [23:08] I'm saying that's potentially an unintended positive benefit. Mm-hmm. Scot: [23:15] Yeah, and you've teed us up there. Who is, is it retailers or is it more brands? Who's getting impacted by this? And kind of embedded in this question is, do you have an idea of the categories? Like if we looked at that pie of the 50 billion GMV, is it largely electronics? Is it apparel? Like what are the big wedges inside of there? Michael: [23:35] Yeah, well, so the great part about transaction data, it's really good at looking at brand disruption, or I should say retail disruption by brand. Not great at looking at the categories. You know, I don't see what an individual breakout of a credit card receipt is. I'm just seeing where people are spending. So I think that's the question I'm more equipped to answer. In terms of impact, some of the folks you think of when you think of mass market and discount retailers like Five Below and Walmart, the ones that you immediately want to ask if they're being disrupted, they seem like they'd have the most overlap. They've been pretty untouched, actually. Part of its overlap, only 19% of Walmart and Amazon's customers have even tried TeamU. And that's about the same as the total percent of US households that have tried it. substantially the whole country has made a purchase at Walmart and Amazon. So they're just not as at risk, maybe on the margins. But what we're seeing, I guess, next step up with some risk is the dollar stores. Dollar General, they share about a quarter of their customers with TeamU. And if you look at Dollar General's customers spending at TeamU, it's up over 800% year to year from January 23 to 24. Obviously, a super small base and flat. at Dollar General itself. [24:54] And then those TeamU customers who aren't, or those Dollar General customers who aren't TeamU customers, they're spending slightly up at Dollar General. It suggests that there's some impact. Again, not the biggest that we've seen. So I'd say like dollar stores kind of marginally. [25:10] This is not as supported by data, but just putting the data point together that the TeamU customers are spending less and TeamU customers are richer, you could come to the conclusion that Dollar General role is losing out on richer customers looking for deals a little bit. Maybe they're popping in for something they really don't want to spend a lot of money on, like a party, something like that. That's where the sales that they're losing is. Which actually kind of takes us to the last and biggest impact. Wish and AliExpress, as well as all those hobby lobby party supplies, like Oriental Trading. So I'll start with Wish. Their customers are just fleeing. I think there's no better way to say it. 50% less spend on Wish in January 2024 than January 2023, and over 680% increase at TeamU. That's just astounding. The Wish customer, once they try I, TeamU, they're done. It's game over. It's similar for AliExpress. And I think that what TeamU has really done early on, we need to think of them less as like an Amazon killer, and more as a brand that just came in to consolidate the existing demand for this deep discount online spending that these two, AliExpress and Wish kind of got off the ground in the US. [26:35] In terms of the hobby space, Oriental Trading, Hobby Lobby, Party City, they all experienced double-digit declines year-on-year in February among the customers who also shopped at TMU. And these brands, they're catering to occasional and discount merchandise. I think they're really going to struggle adapting to TMU. It's like I said, the person who doesn't mind throwing away $5, $10, $15 on party supplies if they don't work out. But it's a one-time thing anyway. way you know it's it's things that they're somewhat disposable items to these customers and very interchangeable got. Scot: [27:12] It i noticed you didn't mention amazon on that list is there is it there been an amazon impact or has it been. Michael: [27:18] That's great good catch pretty negligible just just like walmart they're just brands on those platforms at this point that you can't find at at these places i think when i say on the margins that's what i mean there could be hey, I need this small thing for my kitchen that I could get for $1 or get for $3. And that might be the sale they lose out on, but they're doing a better job of being one-stop shops. And I think with what we've seen, it doesn't seem like the business model is set to take on Amazon yet. Scot: [27:57] Got it. Yeah. Jason: [28:00] You know, a couple of things that come to mind. A, I think the dollar store thing is super interesting because historically dollar stores haven't sold very much online. Like, and, and, you know, usually their excuse is that, that super low price point discounted items don't work online. Right. And I, I think like in some ways I look at Temu and I say, they're actually the digital dollar store that did figure it out. Now. [28:25] It remains to be seen whether they can make money doing it in the long run. But it doesn't surprise me that those are some of the categories that are being disproportionately impacted. And I think you really hit something interesting on some of these everyday essential retailers that sell the brands that consumers are looking for and trust. [28:46] That, to me, feels like a different shopping occasion than the shopping occasion I think Timo is winning. Branding there's this whole new trend on all the social media platforms called dupes and you know people think of like knockoffs and forgeries where you you try to pretend you're a brand that you're not but dupes is a something different dupes is this is a very similar product to a name brand product but it it overtly is not the name brand product and it's a way better value and they're now these big cohorts of consumers that talk about their dupes and brag about their dupe finds and, you know, proudly make these, these dupe decisions. And it feels like those are the kind of things where, where Teemu's playing really well, where, you know, you're into, you know, crafting and you've, you know, there's some expensive machine, a cricket machine for cutting vinyl. And you say, oh man, I found a dupe on Teemu for 20 bucks, right? Like those Those feel like the kinds of occasions they're winning when you're willing to trade down for that no-name product and take a gamble versus when you know you want the Tide dishwasher soap. Michael: [29:58] I think that's a great point. They're taking advantage of the trading down phenomenon in general right now that a lot of brands are seeing, a lot of retailers are seeing. This is the perfect spot. I'll just go ahead and see if Temu has it. Maybe they will, maybe they won't. Scot: [30:15] Cool. One topic, and this is kind of a jump ball for you guys, is the, you know, I read a lot about this shipping model, and this was always Wish's kind of secret sauce is there's this, there's this like loophole in the postal code where if you send this something small, you know, it doesn't have any tariffs, number one. And then number two, there's like this really cheap postal rate, or I can't remember if China subsidizes it or it's free or we subsidize it, but there's some, there's kind of like double loopholes. There's a tariff one and a shipping one. And I've seen some noise lately about people wanting to kind of shut this down. Do you guys, either of you more expert on that than I am and have an opinion on if it's going to be sustainable or not? Jason: [30:57] I could certainly jump in there. So what you're talking about is there's this thing called the Global Postal Treaty. And it's a prearranged agreement between like 95 countries, 94 countries for how they'll deliver each other's mail. When you try to ship a letter from the U.S. to Germany, the U.S. Post Office is going to hand it to the German Post, and they need to know in advance how much the German Post is going to charge the U.S. Post Office to deliver that so that the U.S. Post Office can charge a rate in advance to you to deliver those things. So this global postal treaty is super valuable, and it makes it possible to cost effectively and, you know, with predictable rates, mail stuff all across the world. [31:41] Unfortunately, there's a couple of problems with it. There was the developed nations agreed that for less economically developed nations, they would have a preferred rate. So they would charge even less to deliver. The U.S. post office would charge less to deliver mail from a developing economy than they would from an established economy. And until recently, China was characterized as a developing economy, which is probably not accurate. And then the Postal Treaty specifies a dollar limit that it only is in effect for packages under a certain value. And so this is called the de minimis clause of the Postal Treaty. In the United States, the threshold is $800. So when Temu ships something to a consumer in the U.S. that costs under $800, they get a predetermined rate from the U.S. Post office, which is often cheaper than the rate to mail something from one part of the U.S. to the other. And Scott, per your point, there is no tariffs charged on that item and there is no import inspection on that item. So, you know, normally when we, you know, if a U.S. Retailer imports a container of goods from China, there's all kinds of inspections to make sure that the factory in China met labor standards and, you know, met environmental standards, and then they pay tariffs on all that. [33:08] The team who hands one package to the U.S. post office, they they get to bypass all that, which, you know, is, of course, controversial. No one wants to get rid of the Global Postal Treaty or even de minimis. But what they're saying is that the U.S.'s 800 hour threshold is probably way too high. Like China's threshold for reciprocation is something like forty dollars or something. So you could you could put a big dent in Temu if you just lowered the the threshold. And so there's There's, you know, noise in Congress about trying to change that limit. I would say that, you know, it is an unfair advantage in many ways, and U.S. Companies are certainly right to complain about that. [33:51] I would say that Temu is different than Wish. Wish took advantage of this cause. Temu takes advantage of it way more effectively, right? So Wish sold, you know, was a marketplace, and they had a factory sell something to an American consumer. And then it was up to the factory to get it to the American consumer. So the factory had to have their own postal account. And then they, you know, had to trigger this postal treaty. And there was no shipping confirmation. And often Wish products took a very long time to ship and a very long time to arrive. As part of this next-gen manufacturing model that Temu has, they do all that for the seller. And it uses Temu's postal account. And they expedite all of these things. Most of these goods get air freighted to the U.S. and put into the U.S. postal system. So while Wish items would have averaged three or four weeks delivery time. [34:46] Temu normally averages like five to seven days, and they almost always outperform their shipping promises. And in fact, they even have a guarantee. They give you $5 back if the package arrives late. So, you know, part of the reason that I don't think they're just purely Wish 2.0 is they actually do have a better, more reliable shipping experience than Wish. And they actually more effectively take advantage of this postal loophole than Wish ever did. Scot: [35:18] Yeah. And Wish took the proceeds of their IPO and built out some fulfillment centers. And they almost did their own version of that Amazon dragon boat or whatever that was called. Has T-Mood signaled they're going to do something like that where they have, you know, even more? Jason: [35:32] Yeah, they already have in some. So they're in 49 countries now. So they do have D.C. fulfillment centers in some of those countries. They've actually talked about opening a fulfillment center in Mexico for delivering goods in the western U.S. And so so they are talking about that. But then this other big thing is starting this week that a U.S. Seller could list their goods that, you know, the goods are already in a warehouse in the U.S. that US seller could list their goods on Temu and then deliver those goods from a US fulfillment center. So that's a potential way to get much faster delivery times for Temu. And we've already seen some badging. Temu has items with a rapid ship badge that are guaranteed for two-day delivery. So it does seem like Temu recognizes that over time, their fulfillment model is going to have to be more nuanced than just the the individual parcels uh coming one at a time but but you know that still seems like the the sort of biggest foundation of how they're delivering all these goods got. Michael: [36:36] It um the minimus though i can't imagine that much they would change would really have an impact we're seeing average ticket prices at 38 last month for for timmy like are they thinking thinking of reducing it by that much or. Jason: [36:52] So, I mean, a just talking about way over our skis, like my, my political acumen is very poor, but yeah, I don't think Congress is gonna do anything. I think like at most they'll have a, a hearing and try to look like tough guys talking about how unfair it is and how they're gonna try to protect the American businessman and the American consumer. And then when push comes to shove, they won't, they won't do anything, which is my, my cynical nature. But you're right. Right. Nobody's talking about dropping the de minimis low enough to to, you know, really trigger the bulk of these these Temu shipments. So it's it's more likely if they made a change, it would be a gesture, not like, you know, some some game changing thing. Now, you know, there's another big Chinese company out there, ByteDance, which is TikTok. And like there there is a bill going through Congress right now to ban TikTok. And so, you know, if something like that were to happen with, with a PDD or Temu, you know, that, that would of course, you know, be a, a big threat of a disruption. Scot: [37:54] Yep. And then on that example you gave, Jason, of a U.S. seller in a fulfillment center, is that Temu's fulfillment center or the seller's fulfillment center? Jason: [38:04] The seller's fulfillment center. So potentially what would be one of the ironies of this is, of course, as Amazon has expanded their fulfillment services, you could be an Amazon seller, be using FBA, and sell something on Temu and have Amazon fulfill it for you. Scot: [38:20] Yeah, Wish did something like this. What we found was the U.S. Seller struggled to get things in the price point that consumer wanted, right? It's like it's such this low quality stuff that almost has to be offshore for even to the manufacturer. Jason: [38:36] Yeah, I think you are 100 percent right there. I don't think they're going to like we don't know what the uptake is going to be on these U.S. Sellers. It's an interesting talking point, but it doesn't seem like there's going to be a bunch of U.S. Sellers that are going to likely participate in this like low price dupes demand that they have today. Now, what would be interesting, Pinduoduo, I mentioned, which is a huge, huge entity in China. Pinduoduo started with this same stuff. They started with really inexpensive marketplace goods. And as Pinduoduo got bigger and more established and won the hearts and minds of Chinese consumers, they moved up market. They started selling brand name stuff. They started selling higher quality stuff. And today they're a hybrid seller. PennDuoDuo in China sells their own goods in addition to marketplace items, which I've never seen before. Usually it always goes the other way. And so there's at least a premise that like maybe the U.S. sellers don't like add to the current assortment, but maybe the U.S. Sellers help Temu round out their assortment with some higher price point, you know, more recognizable goods for the U.S. consumer that helps them win more wallet share. Scot: [39:49] Interesting. Cool. We're running up against time. Do you guys have any other topics you want to hit before we call it a show? Michael: [39:58] No, I think it's fair. You know, I already mentioned one of your predictions. I should talk about the other one. Just to pick on Jason for a second. I don't think we'll make it to the 75% of target USC comm this year for Temu, Jason. Sorry. It's like a stretch. Scot: [40:17] Man. How do we get Michael on the show more? Like, I'm really enjoying this. This was a really good guess. Jason: [40:24] I feel like you're calling the winner of the Super Bowl in the first quarter, man. Come on. Michael: [40:27] Okay, well, I'll just put it this way. At 18% of the US households, three months into the year, it seems unlikely at their current growth that they get there. My view basically though, writing this, is that they've done a great job in the first year of attracting folks with a lot of disposable income to buy things that they likely wouldn't have bought anywhere else, like party supplies, household goods. It's maybe a different model than they they have in China. The challenge for them now, you guys both definitely identified this, that it's basically to convince people to switch everyday spending from Amazon and Walmart on those bigger items. And they don't have the assortment right now for that. And that's what you're mentioning. They need to either move up market or figure out what that assortment looks like. But that's going to be a bigger hurdle. They're reaching critical mass. They just have some decisions to make internally at this point. Jason: [41:17] Yeah. Well, in general, I feel like that is going to be a great place to leave it for this show because we have run out of our allotted time. But Michael, we really appreciated your insight. We'll certainly have you back. I know your view of the U.S. economy is useful for a whole bunch of topics that come up frequently on the show. But as always, if listeners enjoyed this episode, I hope you will jump on iTunes and leave us that five-star review. Scot: [41:46] Thanks, Michael. And this has been really good for Jason's ego. So I feel like you've knocked him down a couple of pegs. I appreciate that. And then if folks want to read more about your writing or connect with you, is LinkedIn the best place or are you more active on TikTok? Where can people find you? Yeah. Michael: [42:04] Michael Maloof on LinkedIn. I'm always posting a lot of Ernest data on there. And then also on our company blog, ErnestAnalytics.com. Go to the Insights blog and subscribe. Jason: [42:17] Yep. And I will put links to both the team new articles you guys published and your LinkedIn in the show notes. Michael: [42:23] Thank you. Jason: [42:24] Until next time, happy commercing!

Mia and Gare examine the terrifying rise of Pinduoduo, the Chinese predecessor of Superbowl famous shopping app Temu, and its former CEO Colin Huang.See omnystudio.com/listener for privacy information.

ANALYSE | In unserer heutigen Expertenrunde geht es um die 5 größten Gewinner und Verlierer der E-Commerce Branche in den letzten 5 Jahren. Welche Unternehmen haben am besten performt, bei welchen Unternehmen ging die Strategie eher nicht auf. Joel, Alexander und Jochen analysieren die unterschiedlichen Herangehensweisen und die damit verbundenen Erfolgs- und Misserfolgsgeschichten. Du erfährst... …warum das Geschäftsmodell von Pinduoduo so erfolgreich ist …wie Konkurrenten auf den Erfolg von Pinduoduo reagieren müssen …wie eine Änderung des Geschäftsmodells Mercado Libre wachsen ließ …warum Shop Apotheke sich gegen andere Online-Apotheken durchsetzen konnte …wie Boozt mit einem eher konservativen Ansatz erfolgreich ist …warum das flexible Modell von HelloFresh auch in Zukunft erfolgsversprechend ist …welche Unternehmen zu den Verlierern der letzten 5 Jahre gehören Diese Episode dreht sich schwerpunktmäßig um E-Commerce: Joel trifft sich regelmäßig mit den beiden E-Commerce-Experten Alexander Graf (Kassenzone, Spryker) und Jochen Krisch (Exciting Commerce, K5) um ihr Wissen zu bündeln. Gemeinsam nehmen die drei dich mit auf eine Reise zu spannenden Tiefenanalysen, Strategiediskussionen und Praxiseinblicken des Onlinehandels. Ein wahres Feuerwerk zwischen drei Experten, die scharfe Thesen formulieren und lebhaft miteinander diskutieren. __________________________ ||||| PERSONEN |||||

We dive into the evolving e-commerce and consumer trends in China for 2024, starting with analyzing the performance and tactics of leading e-commerce giants like Douyin, Pinduoduo, Taobao, and Tmall. What drove ByteDance's revenue growth of 30% to $110 billion? How is Pinduoduo's western-facing discount platform Temu adding to its incredible growth, if at all? And where does all of this leave Alibaba, the darling of e-commerce in China for over a decade?Our discussion also touches on the influence of changing consumption patterns and consumer confidence on the market dynamics. This episode offers a comprehensive overview of China's digital commerce landscape. Enjoy!Topics Discussed and Key Points:Overview of China's e-commerce landscapeMajor e-commerce platforms in ChinaThe rise of video in e-commerceSocial shopping and group buying trendsEstablished marketplaces and their innovationsChanging consumption norms in ChinaConsumer confidence factorsPredictions for the future of e-commerce in China

This episode we welcome Nick Molnar, co-founder of AfterPay, the pioneering buy now pay later (BNPL) company acquired by Block (formerly Square) in 2021. At a time when BNPL is capturing headlines due to its rapid growth this holiday season, we engage in a wide-ranging conversation with one the sector's pioneering leaders.Nick takes us through his founder's story before we delve into how BNPL delivers value for both consumers and retailers. He also helps us understand some of the common myths and misperceptions about how it all works, explains how credit risk is managed, and gives us a view into what's next for the sector--and consumers more broadly. But first we open up with our take on the most interesting recent retail news, including what to make (if anything) about Black Friday and Cyber Monday results. Then it's on to Shein's plans to go public as fellow Chinese e-commerce behemoth Pinduoduo zooms past Alibaba's valuation on the strength of Temu's remarkable growth. RH continues to amplify the wow as it opens a retail estate on the bucolic hills of Indianapolis, while also making a big move into Germany. We close with some musings about the differences between disinflation and deflation.About NickSerial-entrepreneur, Nick's vision for Afterpay was to create a global payment solution that would allow consumers to pay for things they want and need over time, using their own money. As a millennial himself, he recognized that his generation has an aversion to credit cards and compounding debt. Nick launched Afterpay with his co-founder, Anthony Eisen, in Australia in October 2014 and listed the company on the Australian Securities Exchange in 2016. The company expanded into the U.S. in May 2018 and soon after, expanded into Canada, France, Italy, Spain and the UK.  As of June 2021, Afterpay had more than 20 million customer accounts in the United States alone and was offered by more than 150,000 merchants globally.  In August of 2021, Afterpay was sold to Block (NYSE: SQ) for US$29 billion. Nick currently co- leads Afterpay's business at Block.You can learn more about Nick from his LinkedIn profile and hear him talk about the founding of the company here. About UsSteve Dennis is a strategic advisor, board member, and keynote speaker focused on strategic growth and transformation and the impact of digital disruption. He is the author of the bestselling book Remarkable Retail: How To Win & Keep Customers in the Age of Disruption and the forthcoming Leaders Leap: Transforming Your Company at the Speed of Disruption , which will be published in March 2024 and is now available for pre-order at book retailers everywhere. Steve regularly shares his insights in his role as a Forbes senior contributor and on social media..Michael LeBlanc  is the Founder & President of M.E. LeBlanc & Company Inc and a Senior Advisor to Retail Council of Canada as part of his advisory and consulting practice.   He brings 25+ years of brand/retail/marketing & eCommerce leadership experience, and has been on the front lines of retail industry change for his entire career.  Michael is the producer and host of a network of leading podcasts including Canada's top retail industry podcast,       The Voice of Retail, plus  Global eCommerce Leaders podcast, and The Food Professor  with Dr. Sylvain Charlebois.    You can learn more about Michael   here  or on     LinkedIn. Be sure and check out Michael's latest venture for fun and influencer riches - Last Request Barbecue,  his YouTube BBQ cooking channel!

¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan de la situación del mercado, los números de consumo y de Bienes Raíces. Nos dan los reportes de ingresos de Nvidia, Deere, Intuit, PinDuoDuo, Salesforce, FootLocker y Petco. Después hablan de Sam Altman y la saga con OpenAI y noticias sobre Inteligencia Artificial. También le dan la despedida a un gran inversionista, Charlie Munger. Finalmente nos dan la actualización de Cryptos donde hablan de Binance y su fundador CZ antes del potente análisis por parte de Delox. DESCUENTO EN MEZCAL ALERON POR 10% https://www.mezcalaleron.com y https://mezcalaleronusa.com Codigo: TIOSALO ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Delox: https://www.instagram.com/deloxelhumilde Emprendeduros: https://www.instagram.com/losemprendeduros

¡Emprendeduros! En este episodio Rodrigo nos da una actualización de mercado donde habla de la situación del Mercado, los números de consumo, el discurso de Jerome Powell, el mercado de empleos y los incentivos de China. Nos da los reportes de ingresos de Nio, Best Buy, Salesforce, Chewy y Pinduoduo. Después habla de Xpeng comprando coches de piloto asmático y la mejora en la relación entre EEUU y China. Finalmente nos da la actualización de crypto donde habla del ETF de GreyScale, el reglamento de impuesto de crypto y la demanda del SEC a creadores de NFTs. DESCUENTO EN MEZCAL ALERON POR 15% www.mezcalaleron.com y www.mezcalaleronusa.com CODIGO: MEXICO

Amanda is joined by Zoe Edwards, host of Check Your Thread.  This is part one of their conversation. They will be talking about how and why Zoe started a podcast about sewing and her relationship with sewing. They will also unpack the privileges that make sewing more challenging or inaccessible for many people (and how it could be better).  Amanda explains the connection between Temu, "996" work culture, and forced labor.Get connected with Zoe:Check Your ThreadIntroduction to Garment Fabrics (by Zoe)Zoe's personal sewing blogInstagram: @checkyourthreadFurther reading:"New employee death at Chinese tech giant Pinduoduo prompts calls for boycott," Lily Kuo and Lyric Li, The Washington Post."The Truth About Temu, the Most Downloaded New App in America," Andrew R. Chow, Time."Worker Deaths Put Big Tech in China Under Scrutiny," Vivian Wang, The New York Times."China's latest tech darling is selling a treasure trove of fake goods," Echo Huang, Quartz."The Latest Hot E-Commerce Idea in China: The Bargain Bin," Raymond Zhong, The New York Times."China's ‘996' Work Culture Under Scrutiny After Employee's Death," Heather Mowbray, CX Tech."Tired of 996? Get Ready for 715 and the Return of China's ‘Evil Capitalists'," Han Xu, CX Tech."Rise at 11? China's Single Time Zone Means Keeping Odd Hours," Javier C. Hernandez, The New York Times."What to know about Temu, one of the most downloaded shopping apps," Shira Ovide, The Washington Post."Shein and Temu's battle for US bargain shoppers is getting nasty," Michelle Toh, CNN."Congress Spotlights ‘Serious' Forced Labor Concerns With Chinese Shopping Sites," Ana Swanson and Claire Fu,The New York Times.Congressional report on forced labor.Thanks to this episode's sponsor, Lucky Sweater. Use invite code "clotheshorse" to join today!Find this episode's transcript (and so much more) at clotheshorsepodcast.comWant to support Amanda's work on Clotheshorse? Learn more at patreon.com/clotheshorsepodcastIf you want to share your opinion/additional thoughts on the subjects we cover in each episode, feel free to email, whether it's a typed out message or an audio recording:  amanda@clotheshorse.worldOr call the Clotheshorse hotline: 717.925.7417Clotheshorse is brought to you with support from the following sustainable small businesses:Gabriela Antonas is a visual artist, an upcycler, and a fashion designer, but Gabriela Antonas is also a feminist micro business with radical ideals. She's the one woman band, trying to help you understand, why slow fashion is what the earth needs. If you find your self in New Orleans, LA, you may buy her ready-to-wear upcycled garments in person at the store “Slow Down” (2855 Magazine St). Slow Down Nola only sells vintage and slow fashion from local designers. Gabriela's garments are guaranteed to be in stock in person, but they also have a website so you may support this women owned and run business from wherever you are! If you are interested in Gabriela making a one of a kind garment for you DM her on Instagram at @slowfashiongabriela to book a consultation.Vagabond Vintage DTLV is a vintage clothing, accessories & decor reselling business based in Downtown Las Vegas. Not only do we sell in Las Vegas, but we are also located throughout resale markets in San Francisco as well as at a curated boutique called Lux and Ivy located in Indianapolis, Indiana. Jessica, the founder & owner of Vagabond Vintage DTLV, recently opened the first IRL location located in the Arts District of Downtown Las Vegas on August 5th. The shop has a strong emphasis on 60s & 70s garments, single stitch tee shirts & dreamy loungewear. Follow them on instagram, @vagabondvintage.dtlv and keep an eye out for their website coming fall of 2022.Country Feedback is a mom & pop record shop in Tarboro, North Carolina. They specialize in used rock, country, and soul and offer affordable vintage clothing and housewares. Do you have used records you want to sell? Country Feedback wants to buy them! Find us on Instagram @countryfeedbackvintageandvinyl or head downeast and visit our brick and mortar. All are welcome at this inclusive and family-friendly record shop in the country!Located in Whistler, Canada, Velvet Underground is a "velvet jungle" full of vintage and second-hand clothes, plants, a vegan cafe and lots of rad products from other small sustainable businesses. Our mission is to create a brand and community dedicated to promoting self-expression, as well as educating and inspiring a more sustainable and conscious lifestyle both for the people and the planet.Find us on Instagram @shop_velvetunderground or online at www.shopvelvetunderground.comSelina Sanders, a social impact brand that specializes in up-cycled clothing, using only reclaimed, vintage or thrifted materials: from tea towels, linens, blankets and quilts.  Sustainably crafted in Los Angeles, each piece is designed to last in one's closet for generations to come.  Maximum Style; Minimal Carbon Footprint.Salt Hats:  purveyors of truly sustainable hats. Hand blocked, sewn and embellished in Detroit, Michigan.Republica Unicornia Yarns: Hand-Dyed Yarn and notions for the color-obsessed. Made with love and some swearing in fabulous Atlanta, Georgia by Head Yarn Wench Kathleen. Get ready for rainbows with a side of Giving A Damn! Republica Unicornia is all about making your own magic using small-batch, responsibly sourced, hand-dyed yarns and thoughtfully made notions. Slow fashion all the way down and discover the joy of creating your very own beautiful hand knit, crocheted, or woven pieces. Find us on Instagram @republica_unicornia_yarns and at www.republicaunicornia.com.Cute Little Ruin is an online shop dedicated to providing quality vintage and secondhand clothing, vinyl, and home items in a wide range of styles and price points.  If it's ethical and legal, we try to find a new home for it!  Vintage style with progressive values.  Find us on Instagram at @CuteLittleRuin.Thumbprint is Detroit's only fair trade marketplace, located in the historic Eastern Market.  Our small business specializes in products handmade by empowered women in South Africa making a living wage creating things they love like hand painted candles and ceramics! We also carry a curated assortment of  sustainable/natural locally made goods. Thumbprint is a great gift destination for both the special people in your life and for yourself! Browse our online store at thumbprintdetroit.com and find us on instagram @thumbprintdetroit.Picnicwear:  a slow fashion brand, ethically made by hand from vintage and deadstock materials - most notably, vintage towels! Founder, Dani, has worked in the industry as a fashion designer for over 10 years, but started Picnicwear in response to her dissatisfaction with the industry's shortcomings. Picnicwear recently moved to rural North Carolina where all their clothing and accessories are now designed and cut, but the majority of their sewing is done by skilled garment workers in NYC. Their customers take comfort in knowing that all their sewists are paid well above NYC minimum wage. Picnicwear offers minimal waste and maximum authenticity: Future Vintage over future garbage.Shift Clothing, out of beautiful Astoria, Oregon, with a focus on natural fibers, simple hardworking designs, and putting fat people first.  Discover more at shiftwheeler.com​High Energy Vintage is a fun and funky vintage shop located in Somerville, MA, just a few minutes away from downtown Boston. They offer a highly curated selection of bright and colorful clothing and accessories from the 1940s-1990s for people of all genders. Husband-and-wife duo Wiley & Jessamy handpick each piece for quality and style, with a focus on pieces that transcend trends and will find a home in your closet for many years to come! In addition to clothing, the shop also features a large selection of vintage vinyl and old school video games. Find them on instagram @ highenergyvintage, online at highenergyvintage.com, and at markets in and around Boston.St. Evens is an NYC-based vintage shop that is dedicated to bringing you those special pieces you'll reach for again and again. More than just a store, St. Evens is dedicated to sharing the stories and history behind the garments. 10% of all sales are donated to a different charitable organization each month.  New vintage is released every Thursday at wearStEvens.com, with previews of new pieces and more brought to you on Instagram at @wear_st.evens.Deco Denim is a startup based out of San Francisco, selling clothing and accessories that are sustainable, gender fluid, size inclusive and high quality--made to last for years to come. Deco Denim is trying to change the way you think about buying clothes. Founder Sarah Mattes wants to empower people to ask important questions like, “Where was this made? Was this garment made ethically? Is this fabric made of plastic? Can this garment be upcycled and if not, can it be recycled?” Signup at decodenim.com to receive $20 off your first purchase. They promise not to spam you and send out no more than 3 emails a month, with 2 of them surrounding education or a personal note from the Founder. Find them on Instagram as @deco.denim.The Pewter Thimble Is there a little bit of Italy in your soul? Are you an enthusiast of pre-loved decor and accessories? Bring vintage Italian style — and history — into your space with The Pewter Thimble (@thepewterthimble). We source useful and beautiful things, and mend them where needed. We also find gorgeous illustrations, and make them print-worthy. Tarot cards, tea towels and handpicked treasures, available to you from the comfort of your own home. Responsibly sourced from across Rome, lovingly renewed by fairly paid artists and artisans, with something for every budget. Discover more at thepewterthimble.comBlank Cass, or Blanket Coats by Cass, is focused on restoring, renewing, and reviving the history held within vintage and heirloom textiles. By embodying and transferring the love, craft, and energy that is original to each vintage textile into a new garment, I hope we can reteach ourselves to care for and mend what we have and make it last. Blank Cass lives on Instagram @blank_cass and a website will be launched soon at blankcass.com.