September 26, 2023


The Business & Finance guru

Temu Blazes E-Commerce Trail With Super Bowl Debut, Canada Expansion

E-commerce platform Temu (pronounced tee-moo) manufactured a large splash at this year’s Super Bowl with its business, “Shop Like a Billionaire.” The advertisement made its debut all through the initial and 3rd quarters of the NFL championship video game and follows the adventures of a youthful lady who outlets joyfully following getting the broad variety of reasonably priced garments and accessories out there on the Temu app.

Boston-dependent Temu’s mum or dad group is Nasdaq-mentioned PDD Holdings Inc. Temu sells a vast selection of items throughout in excess of 250 groups, which includes manner, magnificence, electronics, residence items, pets, exercise, and additional. The upbeat jingle in the business, established to the lyrics “I’m searching like a billionaire,” highlights the company’s concentrate on its inexpensive price ranges, which has been made probable many thanks to PDD Holdings’ community of world-wide suppliers and success capabilities, operational know-how and economic resources, and world wide talent in Singapore, US, Dublin, and China. PDD Holdings (NASDAQ: PDD) has been mentioned on the Nasdaq considering that 2018 with a industry cap of far more than US$100 billion. It also owns the well-known social commerce system Pinduoduo in China.

The Super Bowl is the biggest phase for promotion in the US, drawing millions of viewers each individual yr. Some of the largest Tremendous Bowl advertisers above the several years include things like Budweiser, Pepsi, Ford, and McDonald’s. This 12 months, Temu joined the ranks of these family names, bringing its concept of economical excellent goods to a large audience.

A Temu spokesperson reported of the company’s Super Bowl debut, “It’s our very first time, and we are thrilled to be portion of the 2023 Huge Sport lineup to share Temu’s mission of excellent at reasonably priced selling prices. Through the biggest phase doable, we want to share with our consumers that they can shop with a perception of liberty mainly because of the rate we offer. ‘Shop Like a Billionaire’ is no for a longer time a aspiration due to the fact of Temu.”

SEE ALSO: Temu in Placement to Acquire US On the internet Purchasing by Storm

To celebrate its Tremendous Bowl debut, Temu held a $10 million “Shake & Cheer” giveaway, which was element of the company’s marketing campaign for The Major Recreation. The giveaway was a way for Temu to say thank you to its current buyers and to access out to potential new buyers.

In addition to its Super Bowl debut, Temu has also introduced its growth into Canada, with transport to start out this thirty day period. This growth will bring Temu’s quality, inexpensive items to a new sector, much less than six months right after it produced its US debut in September.