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Temu: the rival of Amazon and Alibaba

Temu has a characteristic that differentiates it from its competitors: it is a social company that seeks to generate a positive impact on society and the environment.

What do Amazon, Alibaba and Temu have in common? All three are e-commerce platforms that offer a wide variety of products and services to millions of consumers around the world. However, Temu has a characteristic that differentiates it from its competitors: it is a social company that seeks to generate a positive impact on society and the environment.

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temu-the-rival-of-amazon-and-alibaba
Temu: the rival of Amazon and Alibaba

Temu was born in Chile in 2019 as an initiative of a group of young entrepreneurs who wanted to create an ethical and sustainable alternative to traditional e-commerce. Its purpose is to connect local producers, artisans, cooperatives and social organizations with conscious consumers who value quality, transparency and social responsibility.

Temu offers products from various categories, such as food, fashion, home, beauty, health, education and culture. All products have a seal that certifies their origin, their production process and their social and environmental impact. In addition, Temu allocates 10% of its income to social and environmental projects that benefit the communities where it operates.

Temu differs from Amazon and Alibaba in several ways. On the one hand, Temu focuses on the Latin American market, where there is a growing demand for local and sustainable products. On the other hand, Temu has a business model based on the circular economy, which seeks to reduce waste, resource consumption and carbon emissions. Temu is also committed to the collaborative economy, which promotes cooperation, trust and solidarity between e-commerce actors.

Temu has achieved exponential growth in recent years, thanks to the support of its customers, suppliers and partners. Temu currently operates in Chile, Argentina, Colombia and Mexico, and has plans to expand to other countries in the region. Temu has also received international recognition for its social innovation and its contribution to the Sustainable Development Goals.

Temu is an example of how e-commerce can be a tool to generate social and environmental value, as well as economic value. Temu shows that it is possible to compete with giants like Amazon and Alibaba without giving up ethical and ecological principles. Temu is more than an e-commerce platform: it is a community that shares a vision of a fairer and more sustainable world.

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