Friday, May 31, 2024

Is Temu A Threat In The EU/Germany?

 Until last year, I'd never heard of Temu.  It's the Chinese version of Amazon....with the 'hook'....it sells stuff ultra-cheap (probably 20-percent less than Amazon).

So when I noted them existing....I got this 2-minute lecture by the wife (German in nature)....NO, YOU CAN'T DO BUSINESS WITH THEM.

I noticed this AM....the EU finally stepped up and said there's a whole lot of criticism over Temu.....so they've sat up new regulations, and fines are likely if they continue their current 'trend'.

The interesting thing here...Temu says they have 75-million people across the EU....who buy 'stuff' from them.  

The fact that copies of legit items....are regularly sold?  Yeah....that's a big issue now.

But added to this....the incoming 'postal-examinations' are delaying orders in a massive way.  I read one commentary that someone expected the item in seven days, and it took almost 3 weeks before it was released by the postal inspectors. 

No comments: