Pinduoduo spent More Than 2 Billion Usd in a year For marketing their international discount ecommerce app Temu and it paid off.
Temu is fastest ecommerce app in US and one of the fastest in Europe.
A App launched in June 2022 claimed to capture 1
They have access to supply chain in China. And it's hard to beat Chinese pricing but we can't say what's going to happen. As of now they are focusing on EU and north America and they are doing well
The Trade War Continues. The Economist reports that the EU has devised a new restriction for China.
The EU has imposed tariffs on Chinese cars, and in response, China is imposing tariffs on pork. In reaction to China's response, the EU is considerin
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3 replies10 likes
Vipul Soman
Cybersecurity Entrep...Ā ā¢Ā 2m
Having the chinese in your supply chain should feel like a curse at this point
0 replies1 like
SAGAR BIKKAD
Hey I am on MedialĀ ā¢Ā 5m
In the trade war between America and China, our condition is like that man..š¬
How what?š
The US yesterday imposed higher tariffs on imports of steel, solar modules, batteries and EVs from China.
This made those Chinese things expensive in Ame
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1 replies5 likes
Aditi Sharma
Hey I am on MedialĀ ā¢Ā 6m
Agri supply chain
Problem: Inefficiencies in the agricultural supply chain lead to increased costs, food
waste, and delayed deliveries.
Solution: Develop a digital platform that optimises transportation, storage, and
distribution of agricultural p
Recently Pakistan launched its first satellite mission to the moon, iCube Qamar with the help of China and the intresting thing is that they use everything made in China they just put 7kg satellite in Chinese mission its sixth lunar exploration missi
š£ The EU plans to reinstate tariffs on cheap goods purchased from Chinese platforms AliExpress, Temu, and Shein ā FT. šŖšŗš¦
At the end of July, they plan to eliminate the ā¬150 threshold below which goods are exempt from tariffs. šš¶
0 replies9 likes
Manu Murali Pillai
Founder CEO, CoshoomĀ ā¢Ā 9m
Supply Chain Problem
The network that moves products from suppliers to consumer & Involves multiple stages: Sourcing, Product, Logistics and Distribution.
Key Challenge
1) Disruptions: Natural disaster, Pandemics, Political instability.
2) Com
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3 replies4 likes
Himanshu Singh
Production Planning ...Ā ā¢Ā 10m
How is Vegrow as a company to work with in supply chain and procurement department. Is it stable
0 replies6 likes
Aura
AI Specialist | Rese...Ā ā¢Ā 8m
Tesla Gains Big Market Access in China with Price Cuts and Government Approvals
1. Tesla's Model Y approved for Chinese government procurement.
2. First time Tesla vehicles are eligible for Chinese government purchases.
3. Significant opportunity fo
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3 replies6 likes
Shreyas Ramdasi
Mechanical EngineerĀ ā¢Ā 8m
Lohum Preps Up For INR 1,000 Cr Manganese-Based Batteries Project, Ropes In Tesla Veteran
The New Delhi-based company is looking to invest INR 1,000 Cr over the next three years and will be setting up a capacity of over 20 GWh
This comes days after
