Temu app hits 735 million downloads, monthly downloads 3x higher than Amazon’s

Since its launch in September 2022, the Chinese shopping app Temu has been gaining share in the global e-commerce market, successfully competing with industry giants like Amazon, eBay, and Shein. Thanks to its aggressive pricing and discounts, wide product selection, and successful marketing efforts, the app, owned by the parent company of Chinese e-commerce giant…