Temu dents Thailand Post's logistics for e-commerce

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Bangkok Post 7h ago

Temu dents Thailand Post's logistics for e-commerce - Bangkok Post

Quick Summary:

The entry of Chinese e-commerce behemoth Temu is affecting Thailand Post's logistics service for other e-commerce platforms as its volume declined by 20-50% per day from July, said the company.

Mr Dhanant said he plans to meet a representative from Temu next month for talks regarding a potential logistics collaboration.

Temu's entry is a critical challenge to the local e-commerce landscape that affects all related parties, especially online and offline retailers, because of its highly competitive product prices and unique business model, he said.