Temu disrupts Thai online retailers

Quick Summary:

The flood of cheap Chinese products into Thailand is expected to grow even larger following the entry of the Chinese online retailer Temu to the local e-commerce market on Monday.

The Temu Thailand application offers free returns on products for a period of 90 days and a promotional discount of up to 90% on products, along with a set of discount coupons worth 70 baht.

Local SMEs that import Chinese products need to be careful and stop selling those products to avoid losses, warned Mr Thanawat.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaChinaHong KongIndonesiaMalaysiaPhilippinesVietnam

Topics: Chinese Products Thailand Thai Baht E-commerce Temu Government Local Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 18:55:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1208 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 21856539

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 17 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 11 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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