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Commentary: Chinese e-commerce platforms are poised to rival Amazon's empire

Channel News Asia LogoChannel News Asia2h ago

Commentary: Chinese e-commerce platforms are poised to rival Amazon's empire - Channel News Asia

Quick Summary:

Chinese firms Shein, Temu and TikTok Shop employ algorithms to grow their brands rapidly without depending on traditional manufacturers, posing potential long-term challenges for Amazon, experts say.

While Pinduoduo operates in China, Temu launched in the United States in September 2022 and in Europe in April 2023.

The other face of the platform links a network of 6,000 clothing factories in China to demand throughout the rest of the world.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-28 @ 06:00:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1102 words

Reading Time: 7 minutes read

Sentences: 60 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21797282

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 5 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://beamstart.com/news/commentary-chinese-e-commerce-platforms-1722118734

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