Shopping app Temu: Retailers demand stricter control of low. prices.
Chinese cheap platform Temu recently caused a stir with mini prices, discount offers of up to 90 percent and sometimes bizarre products. One in four people between the ages of 16 and 65 in Germany have bought there in the last six years, according to a survey by the market research company Appinio. The company behind Temu is PDD Holdings, known in China for the Pinduoduo app, one of the country's fastest-growing e-commerce platforms.