That’s neat! How do you get it out? Is there a secret button?
That’s a big truck
It’s Russia, I don’t think anybody isn’t sure of that?
AI summary:
Temu Just Got Destroyed By The US Government - Here’s The Full Story
The video discusses significant changes to US import rules affecting the e-commerce platform Temu, which has benefitted from the de minimis exemption allowing cheap imports. Recent regulatory updates are likely to increase prices on Temu, challenging its business model and impacting its competitive edge against US sellers. The presenter outlines how Temu has dominated the e-commerce space and the potential fallout from the new regulations.
Key Points:
Temu’s Dominance in E-commerce Temu has thrived in the US e-commerce market with significant backing from PDD Holdings, which has invested heavily to acquire market share despite their substantial losses. The platform has utilized low labor costs in China and the de minimis threshold of $800 to avoid tariffs, allowing them to offer lower prices than US competitors.
Impact of New Import Rules Changes to the de minimis rules introduced by the Biden Administration will require that many products previously exempt from tariffs now be subject to duties, undermining Temu’s pricing model. Sellers must also provide additional information, which could deter consumers and complicate shipping.
Increased Scrutiny and Compliance. New regulations mandate that all low-value shipments under the de minimis exemption meet US safety standards, requiring certificates of compliance. This change targets the influx of unsafe products, particularly children’s items, that Temu and similar platforms have been selling.
Sellers’ Discontent There is a growing dissatisfaction among Temu sellers who face pressure to reduce prices and have recently protested against unfair practices, adding strain to Temu’s business model as conditions become untenable for them.
Future Prospects for Temu With the decline of PDD Holdings’ financial stability and the introduction of strict regulatory measures, Temu’s future profitability is uncertain. The platform may struggle to maintain its competitive pricing, while US sellers are likely to benefit from this shift.
what a shining example of unbiased and impartial reporting 🙄
Damn, he looks worn out
Solution: fire back
That’s a general description of left-center sources, so that would mean banning this list https://mediabiasfactcheck.com/leftcenter/
Just scrolling through I found nytimes.com there, so that seems excessive?
Another occupation ruined by millennials
Thanks for posting, please ignore the stochastic luddites 🙂
One must imagine Sisyphus strapping
I don’t know… admittedly, I only remember some vague bits from Tom Clancy novels, but didn’t Soviet attack subs wait outside the home ports for the SSBNs to try to stay on their tail, and they never managed to?
I should dig up The Hunt for Red October, I guess, but given current geopolitics maybe Red Storm Rising is a better fit :)
These subs all have home ports and can be observed when they leave, so that’s probably not a big deal?
kcatta evissaM
…can’t argue with that
Thanks, that was interesting. I kept thinking that this reads like something out of Quanta Magazine, and then at the end there was an attribution to them :)
To all the reflexive AI-downvoters: This is about an application of machine learning, not an LLM. Don’t behave like an advanced autocomplete; think before you click :P
The road is karma
Thanks for posting, don't mind the downvotes from the luddites :D
A guy is driving around the back woods of Montana and he sees a sign in front of a broken down shanty-style house: ‘Talking Dog For Sale.’
He rings the bell and the owner appears and tells him the dog is in the backyard.
The guy goes into the backyard and sees a nice looking Labrador Retriever sitting there.
“You talk?” he asks.
“Yep” the Lab replies.
After the guy recovers from the shock of hearing a dog talk, he says, “So, what’s your story?”
The Lab looks up and says, “Well, I discovered that I could talk when I was pretty young. I wanted to help the government, so I told the CIA. In no time at all they had me jetting from country to country, sitting in rooms with spies and world leaders, because no one figured a dog would be eavesdropping, I was one of their most valuable spies for eight years running… but the jetting around really tired me out, and I knew I wasn’t getting any younger so I decided to settle down. I signed up for a job at the airport to do some undercover security, wandering near suspicious characters and listening in. I uncovered some incredible dealings and was awarded a batch of medals. I got married, had a mess of puppies, and now I’m just retired.”
The guy is amazed. He goes back in and asks the owner what he wants for the dog.
“Ten dollars” the guy says.
“Ten dollars? This dog is amazing! Why on Earth are you selling him so cheap?”
“Because he’s a liar. He’s never been out of the yard.”