E-commerce platforms like Temu and Shein are attracting a lot of attention for leveraging China’s technology and logistics advantages to bring cheap products to shoppers in the UK directly from manufacturers in China. But critics have raised concerns about sustainability, quality and data privacy Since launching in late 2022, Temu has captured the attention of millions of shoppers worldwide with its promise to let you “shop like a billionaire” at …
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New Retail is the latest in a long line of retail innovations and sea-changes in China. At its heart, the concept blurs the boundary between the traditional distinction of offline versus online retail (think Amazon versus the high street) but rather sees offline and online platforms as complementary forces that can be combined to redefine and improve the consumer experience, as well as drive up sales. It is a creation …