Temu

“The only reason that Amazon would do this is because they're interested in leveraging the loophole.”

“The two companies combined, it's estimated spent just under three billion dollars a year to date. Meta's revenue is up around eleven billion year over year. And so the growth of Timu and Sheen, certainly they're spending more, they're driving a lot of growth, …”

“The popular marketplace, which eMarketer estimates will sell thirty billion dollars of products to U.S. Shoppers this year, became an alternative to Amazon, as well as retail chains such as Hobby Lobby, Party City, and Dollar Stores.”

“The Chinese companies coordinate to use TikTok as a channel to influence activity in the U S.”

“The reason that the de minimis loophole exists, it was not, this is not something that Sheen and Timu lobbied for, and then, oh, they got lucky and they knew that this was going to be a thing.”

“Say you're an ice cream shop, you'd rather pay five dollars for the t-shirt than 25 dollars locally. And so it really made it almost impossible to compete if you were a localized manufacturer.”

“And so this quarter did turn out to be the peak of Timu and Sheen's share of Meta advertising around Under seven percent on Facebook and just under four percent on Instagram, and they're down to around four percent and two percent respectively now.”

“Compounding pharmacy regulations were written for, hey, your town might have a local pharmacist, and in a shortage, you should be able to walk down to the pharmacy, and they should be able to make you know, something that they can't otherwise buy, and then thi…”