Issue №23 - Baijiu is the most popular liquor in the world, yet a mystery to most in the west. Let’s make a cocktail with it as we ponder the rapidly escalating growth of Temu and Shein.
Shien on, you crazy diamond. Brilliant. And Temu is a little crazy – I can attest to that. I've been using the app, only to find that most of the items I've seen advertising on Meta (FB, Insta) aren't even available when I link in - a sort of bait-and-switch tactic, buoyed by just-in-time inventory strategies? Pure speculation, but there's a rhythm to their model, and it might reveal some of the supply chain antics at play. I don't know enough yet, but your research was thorough (as usual) and the conclusions incredibly adept. Nothing old-fashioned about this business - except that China is always hard to read on some level. OK... enough from the peanut gallery. I'll be on the Dork Side of the Moon with a bottle of Baijiu.
Shien on, you crazy diamond. Brilliant. And Temu is a little crazy – I can attest to that. I've been using the app, only to find that most of the items I've seen advertising on Meta (FB, Insta) aren't even available when I link in - a sort of bait-and-switch tactic, buoyed by just-in-time inventory strategies? Pure speculation, but there's a rhythm to their model, and it might reveal some of the supply chain antics at play. I don't know enough yet, but your research was thorough (as usual) and the conclusions incredibly adept. Nothing old-fashioned about this business - except that China is always hard to read on some level. OK... enough from the peanut gallery. I'll be on the Dork Side of the Moon with a bottle of Baijiu.