How Temu makes money from super-cheap goods like $10 smart watches
August 14, 2023 at 13:30 PM EDT
Bargain e-commerce company Temu has had a whirlwind 2023. Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein.
