Roland Eisenbrand
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rolandeisenbrand.bsky.social
Roland Eisenbrand
@rolandeisenbrand.bsky.social
Editor-in-Chief OMR, OMR.com
They also seem to be experimenting with a marketplace/shopping hub where users can directly buy stuff: www.adweek.com/commerce/per...
November 13, 2024 at 9:48 PM
New Temu numbers:
• GMV of $16 billion in 2023
• 120M users, 1.6M packages per day (September)
• 2M packages/day by tend of 2023
• 9% of Americans have shopped on Temu
• AOV: $30-50

Source: Late Post/Ed Sander on Linkedin
www.linkedin.com/posts/edsand...
November 6, 2023 at 10:35 AM
In addition, videos on Tiktok in which products are tagged apparently currently are gaining enormous visibility. Older videos are also allegedly being flushed back onto users' For You pages - if products were retroactively tagged in them. twitter.com/Leann_Abad/s...
October 25, 2023 at 7:59 AM
According to Jason Wong, Tiktok also subsidizes cross-border commerce of Chinese sellers. They can stock inventory in a Tiktok warehouse in Shenzhen and get it fulfilled and shipped to US door in 5 days at about 20% discount on market freight. twitter.com/EggrolI/stat...
October 25, 2023 at 7:59 AM
Tiktok is heavily subsidizing its new marketplace. On Black Friday and Cyber Monday, the platform will allegedly offer up to 50 percent (!) discounts at its own expense. www.bloomberg.com/news/article...
October 25, 2023 at 7:59 AM
Tiktok Shop already generates an estimated $70 million GMV in the USA - per week. This puts the current annual run rate at $3.6 billion, with an average monthly growth of 150 percent. The estimate is based on credit card data from the US. twitter.com/omooretweets...
October 25, 2023 at 7:58 AM
Pebble, the Twitter challenger formerly known as T2, is shutting down.
October 24, 2023 at 6:21 PM
October 24, 2023 at 8:30 AM