{"id":90345,"date":"2023-09-07T17:31:58","date_gmt":"2023-09-07T22:31:58","guid":{"rendered":"https:\/\/urbanareas.net\/info\/?p=90345"},"modified":"2023-09-07T17:32:28","modified_gmt":"2023-09-07T22:32:28","slug":"how-temu-makes-money-from-10-smartwatches-from-china","status":"publish","type":"post","link":"https:\/\/urbanareas.net\/info\/how-temu-makes-money-from-10-smartwatches-from-china\/","title":{"rendered":"How Temu Makes Money From $10 Smartwatches From China"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual advertising budget of about $1.4 billion, Temu is focused on aggregating a user base of nearly 100 million people by year-end.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"geodir-embed-container\"><iframe loading=\"lazy\" title=\"How Temu Makes Money From $10 Smartwatches From China\" width=\"810\" height=\"456\" src=\"https:\/\/www.youtube.com\/embed\/quGoGgbP-aE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Quietly launching its app in September 2022, it only took the company a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February 2023, the 5-month-old company made its TV debut during Super Bowl LVII, airing two commercial spots totaling an estimated $14 million. With an annual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":90347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,148],"tags":[],"class_list":["post-90345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-events-sports-etc"],"_links":{"self":[{"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/posts\/90345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/comments?post=90345"}],"version-history":[{"count":0,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/posts\/90345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/media\/90347"}],"wp:attachment":[{"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/media?parent=90345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/categories?post=90345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbanareas.net\/info\/wp-json\/wp\/v2\/tags?post=90345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}