Competing with Temu globally would be stupid. China cannot be beaten on price.
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If the USA imposes extra tariffs on China, the price of gold will also increase. Has anyone thought about this? Because China produces the most gold in the worldโaround 12% of the world's gold comes from China.
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To all entrepreneurs, if you aim to build a brand that is globally accepted, what approach would you recommend based on your experience?
Share your thoughts along with your choice.
Imagine that all the quick Commerce platforms start charging the same price.
So now which platform would you use?
And now, since the price is same across all, the selection would be on the basis of Delivery Time, Product Catalogue, customer service