Temu platform under PDD Holdings (PDD.US) has achieved independent visitors of 0.467 billion within two years of launch, equivalent to the volume of Ali Baba-SW (09988.HK) (BABA.US)'s AliExpress, ranking second in the world, only after Amazon (AMZN.US).
The rapid development of Temu platform is thanks to its over 100 manufacturing industry belts deep in Guangdong, Zhejiang, Shandong, Anhui and other regions, as well as its successful entry into markets in more than 70 countries and regions in North America, Europe and Asia. Currently, Temu exports over 0.4 million packages per day, with a daily average weight of around 600 tons.