Temu

“I think that Timu and Sheehan are going to face some action, whether it is those higher taxes, and I would not be, or a ban, and I would not be surprised by a ban.”

“I think we had some Black Friday statistics that we cited on the show this year, which is that those two retailers, Timu and Sheehan, made up about 50% of Gen Z's Black Friday purchasing.”

“My suspicion from having analyzed a few of these and working with them is that the companies will keep, keep going and just have to pay the duties.”

“That's what Letimu, Get to 25% of Amazon's scale in five years is that they skip all that fulfillment center infrastructure.”

“For the de minimis thing in particular, I think Amazon's better off with de minimis not existing. Because de minimis is shipping direct from China to the U.S. Consumer. It skips their fulfillment network. Which is where they put all the capex and huge competit…”

“Well, they're very big global companies first off, so yes. And they're already finding ways, you know, they have to pay duties, but they're just back to being a level playing field, so I think they're, you're gonna see them, one, produce in other countries, an…”