Temu

Is Amazon's Reign In Europe About To End With Chinese Takeover? 1

Is Amazon’s Reign In Europe About To End With Chinese Takeover?

Amazon may be the e-commerce leader in Europe, but Chinese companies like Pinduoduo and Temu are rapidly closing the gap. By 2024, Pinduoduo is projected to be just 13% behind Amazon in gross merchandise volume, a significant shift from 2019 when Amazon’s volume was more than double that of Pinduoduo.

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