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Temu: Amazon’s Rising E-Commerce Competition 10/10/23

Author
CNBC
Published
Tue 10 Oct 2023
Episode Link
https://www.cnbc.com

As Amazon’s second sales event of the year kicks off, every day seems like a deal day on e-commerce apps like Temu and Shein. Temu, in particular, is far outpacing Amazon in terms of growth, and might be capturing American shoppers by gamifying the experience. Ben Harburg of MSA Capital joins us to talk about the Temu effect and the rising anxiety that it’s going to displace everyone from Amazon to Dollar Stores to Costco. 

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