Temu Korea is here too, giving out NT$40,000 coupons to new members!

Temu Korea is here too, giving out NT$40,000 coupons to new members!

Temu just opened its Japanese site a while ago . According to the latest news, Temu’s Korean site has also been officially opened, and its global layout has taken another step forward.

 

It is understood that Temu Korea still uses the familiar low-price marketing formula, including providing new members with coupons worth up to 37,700 won (US$30) and offering discounts of up to 10% on some products for a limited time.



This strategy is effective. Last year, it was this low-price approach that helped Temu climb to the top of Google and Apple's free app rankings in the United States.

 

According to foreign media reports, Temu is currently working with third-party service providers in South Korea to provide "last mile" logistics and delivery services to local customers.

 

Prior to this, Temu launched its Japanese site on July 1, marking the official debut of the app in Asia. Currently, Temu is the number one shopping app in the Japanese iOS store.

 

Although Temu did not reveal at the time that its next destination was Asia, in June it sent out a survey to sellers asking which e-commerce platforms they were using in Japan, South Korea and Southeast Asia.

 

In South Korea, Temu will have to contend with competition from other domestic shopping platforms, such as fast-fashion giant Shein, which ranked fourth among iOS shopping apps in South Korea as of Tuesday, and Alibaba Group Holding Ltd.'s AliExpress.



AliExpress has also found a foothold in South Korea, with its user base growing by more than 150% in three years to 2.9 million as of April, according to Forbes Korea.

 

Beyond Japan and South Korea, a push into Southeast Asia would represent a new direction for Temu. To date, the app has targeted customers primarily in wealthier economies where low-cost products made by Chinese manufacturers offer a clear price advantage over local competitors.

 

As domestic market revenue slows down, the giants are turning their attention to overseas markets. It looks like the situation of giants competing for the market will soon emerge again, but this time the battlefield will be in a different place.

Temu

South Korea

<<:  SHEIN Bay Area Western Smart Industrial Park accelerates construction, with a total land area of ​​680 mu and an estimated annual output value of 3.5 billion

>>:  Thousands of sellers have successfully joined SHEIN, most of them are from Amazon

Recommend

TikTok US store is online, registration requires these information

It is reported that TikTok has entered the US e-c...

Turkish e-commerce has quadrupled in the past five years

According to Yeni Shafak, at the World E-Commerce...

What is Jinghang Supply Chain? Jinghang Supply Chain Review, Features

Jinghang Supply Chain is committed to internation...

Independent sellers are about to experience explosive growth

As online sales boom, the number of third-party s...

Amazon may impose new requirements on sellers

As Amazon and other giants begin to step up effor...

What is Catch.com.au? Catch.com.au Review, Features

Catch.com.au is one of Australia's largest on...

What is BKM Express? BKM Express Review, Features

BKM Express is Türkiye's national digital wall...

Beware! Related accounts are banned again

The seller cried helplessly: How can one avoid be...

What is Sundrug? Sundrug Review, Features

Sundrug is a large drugstore chain with nearly 1,0...

What is The Fortia Group? The Fortia Group Review, Features

The Fortia Group provides excellent and profession...