Everything we know about Chinese app Temu. It sells a weird variety of things for cheap — and has some wondering if it's legit.
Victoria's Secret, Herschel, and Marc Jacobs did not respond to Insider's request for comment on whether they were aware of these listings and had tried to get them taken down.that it has a strict policy against any listings that violate a third party's intellectual property rights and would remove any items that infringe on this. On both the Apple and Google app stores, Temu has a 4.6-star rating.
"Temu is exposing a white space in the market wherein brands have been producing at extreme low cost – but along the value chain, there's so much incremental cost," Felice said. In other words, most manufacturers sell through so many layers of middlemen — each of whom wants their cut — that by the time an item is offered to a consumer, it's loaded up with add-on costs; with Temu, the middlemen are cut out of the process.
"With a site like Amazon, there's a degree of confidence … if something goes wrong, they've got your back," Neil Saunders, managing director of GlobalData Retail, told Insider."I think with Temu, people don't have that confidence because it's not as well known," he added.
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