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Temu Expands Merchandise Selection to More Than 100 Product Categories to Cater to Diverse Customer Needs

Published: 2022-10-12 10:00:00 ET

NEW YORK, Oct. 12, 2022 /PRNewswire/ -- Temu, the online marketplace offering quality goods at hard-to-beat prices, is expanding its selection of merchandise to meet the wide-ranging needs of customers as it enters its second month of operation.

Visitors to the Temu website (www.temu.com) and mobile apps can browse the thousands of deals being uploaded each day across more than 100 product categories. They range from makeup and dresses to baseball gloves and power tools.

Temu can rapidly expand its selection of quality, affordable merchandise because of its access to a global network of top-notch suppliers cultivated over the years by Pinduoduo. Both Temu and Pinduoduo are part of Nasdaq-listed PDD (NASDAQ: 100), one of the world's biggest e-commerce groups with more than 11 million suppliers and manufacturers.

By connecting manufacturers directly with consumers through its digital platform, Temu can reduce the number of intermediaries standing between buyer and seller and keep prices low.

Launched in the US in September 2022, Temu was created with the goal of empowering consumers with more choices of quality products at affordable prices. Temu has said that it will benefit from Pinduoduo's international brands initiative to help manufacturers create global brands and connect them to consumers globally.

About Temu:

Temu is a global online marketplace featuring the widest selection of unique quality merchandise at affordable prices, made possible by sourcing and fulfillment capabilities built over the years. Created with the goal of empowering consumers, Temu works closely with its global network of suppliers and logistics partners to create and curate personalized quality products for consumers to enjoy the conveniences and comforts of life.

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SOURCE Temu

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.