E80: Temu enters Brazil, joining Shopee, SHEIN and Aliexpress
Listen now
Description
Last week, Temu joined its competitors - Shopee, Aliexpress, and SHEIN - in Brazil, marking its presence in 70 countries.  This expansion comes despite recent legislation imposing a 20% additional tax on cross-border e-commerce parcels below $50 in value (in addition to the 17% ICMS already charged). What makes Brazil such a hot market for so many cross-border e-commerce companies? And what unique challenges do they face operating in Brazil? Tune in as we delve into Temu’s recent entry into brazil, and where Temu might venture next.  Featured article:  Temu has launched in Brazil, despite all the challenges, TheLowDown Southeast Asia & Latin America: Learning the digital emerging markets playbook, Momentum Works  E48: Jon Russell and Aulia Masna on TikTok-GoTo deal, The Impulso Podcast
More Episodes
Sea Group announced expectation-beating earnings in Q3, sending stock prices up by 10%. A key highlight? SPX Express.  Has Shopee’s in-house logistics arm finally caught up to J&T Express in parcel volume?  Join us as we dive into how Shopee’s investment in strengthening its in-house...
Published 11/15/24
Published 11/15/24
Trump returns to the White House, Mr Modi meets President Xi in Russia. Are businesses ready to survive a world of shifting alliances and tariff threats? Back by popular requests, we’re re-introducing our weekly recap format in this episode as we dive into the latest economic and political...
Published 11/08/24