A hilarious fact of corporate life is that your odds of getting promoted will be higher if you strategically escalate multiple times to your senior management while delivering your teamβs goals than if you manage to deliver the very same goals without ever escalating.
Visibility matters. So does senior managementβs perception that they personally helped with this difficult project. Vanity trumps wisdom. π
Visibility matters. So does senior managementβs perception that they personally helped with this difficult project. Vanity trumps wisdom. π
It's a challenging reality. How can we foster a high degree of meritocracy within our organization?
μ΄ λ°±μμμλ μμν μ΄λ―Έμ§μ λν κ°λ°©ν μ°κ΅¬ μ§λ¬Έμ λ΅ν μ μλ λΉμ μΈμ΄ λν λμ°λ―Έλ₯Ό νλ ¨νκΈ° μν λΉμ© ν¨μ¨μ μΈ μ κ·Ό λ°©μμ μ μν©λλ€. ν΅μ¬ μμ΄λμ΄λ PubMed Centralμμ μΆμΆν λκ·λͺ¨μ κ΄λ²μν μμν κ·Έλ¦Ό μΊ‘μ
λ°μ΄ν° μΈνΈλ₯Ό νμ©νκ³ , GPT-4λ₯Ό μ¬μ©νμ¬ μΊ‘μ
μ κ°λ°©ν λͺ
λ Ήμ΄ λ°μ΄ν°λ₯Ό μκ° νμ΅ν λ€μ, μλ‘μ΄ μ»€λ¦¬νλΌ νμ΅ λ°©λ²μ μ¬μ©νμ¬ λκ·λͺ¨ μΌλ° λλ©μΈ λΉμ μΈμ΄ λͺ¨λΈμ λ―ΈμΈ μ‘°μ νλ κ²μ
λλ€. ꡬ체μ μΌλ‘ μ΄ λͺ¨λΈμ λ¨Όμ κ·Έλ¦Ό-μΊ‘μ
μμ κ·Έλλ‘ μ¬μ©νμ¬ μλ¬Όμν μ΄νλ₯Ό μ λ ¬νλ λ°©λ²μ νμ΅ν λ€μ, μΌλ°μΈμ΄ μλ¬Όμν μ§μμ μ μ§μ μΌλ‘ μ΅λνλ λ°©μμ κ΄λ²μνκ² λͺ¨λ°©νμ¬ GPT-4μμ μμ±λ μ§μ-μΆμ’
λ°μ΄ν°λ₯Ό μ¬μ©νμ¬ κ°λ°©ν λν μλ―Έλ₯Ό λ§μ€ν°νλ λ°©λ²μ νμ΅ν©λλ€. μ΄λ₯Ό ν΅ν΄ λ°μ΄μ€μνμ μν λκ·λͺ¨ μΈμ΄ λ° λΉμ μ΄μμ€ν΄νΈ(LLaVA-Med)λ₯Ό 15μκ° μ΄λ΄μ νλ ¨ν μ μμ΅λλ€(8κ°μ A100 μ¬μ©). LLaVA-Medλ λ°μ΄λ λ©ν°λͺ¨λ¬ λν λ₯λ ₯μ 보μ¬μ£Όλ©° κ°λ°©ν μ§μμ λ°λΌ μλ¬Όμν μ΄λ―Έμ§μ λν λ¬Έμλ₯Ό μ§μν μ μμ΅λλ€. μΈ κ°μ§ νμ€ μμν μκ°μ μ§λ¬Έ λ΅λ³ λ°μ΄ν° μΈνΈμμ LLaVA-Medλ νΉμ μ§νμμ μ΄μ μ κ°λ
ν μ΅μ²¨λ¨ κΈ°μ λ³΄λ€ λ°μ΄λ μ±λ₯μ 보μμ΅λλ€. μ λν°λ μλ¬Όμν λ©ν°λͺ¨λ¬ μ°κ΅¬λ₯Ό μ΄μ§νκΈ° μν΄ μ§μΉ¨μ λ°λ₯Έ λ°μ΄ν°μ LLaVA-Med λͺ¨λΈμ 곡κ°ν μμ μ
λλ€.
https://arxiv.org/abs/2306.00890
https://arxiv.org/abs/2306.00890
Forwarded from μ μ’
νμ μΈμ¬μ΄νΈ
Altimeter Capitalμ Vivek Goyalμ΄ λ³΄κ³ μλ λ―Έλμ AI μλΉμ€λ€: Personal Assistant, Digital companion, Therapy / coaching, Research Assistant, Personalized education, Content generation, Travel companion
https://medium.com/@goyalv89/ai-agents-next-frontier-to-access-the-web-482ff25f7062
https://medium.com/@goyalv89/ai-agents-next-frontier-to-access-the-web-482ff25f7062
Medium
AI Agents- Next frontier to access the web
The history of internet applications has witnessed a continuous evolution, from the era of websites in 2000s to mobile apps in 2010sβ¦
Forwarded from μ μ’
νμ μΈμ¬μ΄νΈ
λμ€μ»€λ²λ¦¬ν μ»€λ¨Έμ€ (νλ¬λ¬, λ°μ΄νΈλμ€) λν AIκ° λ§λ€μ΄λΈ μνμΈλ°, μ΄ μλμμλ μ΄λ€ ν΅μ©λλ BMμ΄ λ±μ₯ν κ²μΈκ°. μ°Έκ³ λ‘ μ΄ κΈμ 2020λ
λ κΈ.
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
Medium
Browsing e-commerce: An untapped $250B+ opportunity
What is browsing e-commerce?
βοΈ νλ‘λνΈλ³΄λ€ μ ν리λ ν? λΉμΊ κΉμ°μ§ λνλμ 3λ
μ°¨ λΉλ²
μ€λμ #λΉμ¦λμ€μΊλ²μ€ μ μΈλ²μ§Έ μμΌμ΄λ€.
μ²μ κΉμ°μ§λμ λ§λ¬μ λ, λͺΈμ΄ 5κ°μΈλ― μ΄μ μ μΈ λͺ¨μ΅μ λ©μμμ§λ§, κ³Όμ° μ λ° λ°©μμ΄ μ§μκ°λ₯ν κΊ?λΌλ μκ°μ΄ λ€μλ€. κ·Έλ¬λ 1λ μ μ μ§κΈ κ·Έλ¦¬κ³ 3λ μ μ λͺ¨μ΅μ΄ λκ°λ€. λΉμΊμ μμΌμ λ§μ μ°μ§λμ ν¬ν¨ν μ°λ¦¬ νμ μλμ ν±ν νλκ° μ§μκ°λ₯ν μ΄μ λ₯Ό μκ°ν΄λ΄€λ€.
1) μμ μΌμλ μ½κ² μ€λ νκ³ κΈ°λ»ν¨π
μ΅κ·Ό μ°λ¦¬ νμ ν©λ₯ν μ¬λμ μ°λ¦¬ νμ μ¬λμ μ΄λͺ¨μ§μ λλνκ° κ³Όλνλ€κ³ λ§νλλ° κ·Έλ§νΌ μμ μ±μ·¨μ λ°κ²¬μλ μλ μ²λΌ ν¨κ» κΈ°λ»νκ³ μ¦κ±°μνλ€.
2) μ λλ κ±°μλ μ½κ² μ¬νΌνμ§ μμπ§
μ¬μ€ κΈ°μ‘΄μ μ νμ νΌλ΄νκ³ μλ‘μ΄ μ νμ λ§λλ κ²°μ μ λ³΄ν΅ λ¬΄κ²κ³ μμΈν κ³Όμ μ΄μ§λ§ λΉμΊμμ κΈ°μ‘΄ μ νμ λ¬Έμ μ μ λΆμνκ³ μλ‘μ΄ μ νμ 0μμλΆν° μμ΄λ°μ΄μ νλ κ³Όμ μ ν₯λ―Έμ§μ§νλ€. μ λλ 건 λΉ λ₯΄κ² μΈμ νκ³ 'λ κ±°'μ μ§μ€νλ€.
3) λͺ°λλ κ²μ μλ‘κ² μκ² λλ κ±°μ μ ν λΆλλ¬μνμ§ μμ π₯Έ
μμ₯μμ μ΄λ¦μ΄ μλ €μ§κ³ , λ΄λΆμμλ λνλΌλ μ§μ± μ κ°κ³ μμ§λ§ μ°μ§λμ λͺ°λλ μ¬μ€μ μκ² λλ κ²μ λν΄ μ ν 거리λμ΄ μλ€. 'λͺ°λλ' κ²μ΄ μλλΌ μλ‘μ΄ κ±Έ 'λ°°μ λ€λ' κ²μ λν΄ μ§μ¬μΌλ‘ μ¦κ±°μνλ€.
μ€ννΈμ μ κ³ κ°μΌλ‘ λ§λλ©° μ’μ μ νμ΄ μμ§λ§, ν λΉλ©μ μ΄λ €μνλ νμ΄ λ§λ€λ μ¬μ€μ΄ μ κΈ°νλ€. λ³΄ν΅ λ°λμΌ κ±°λΌκ³ μκ°νλ€. νμ§λ§ λΉμΊμ ν μμ²΄κ° νμ λ, νμ λ νμ΄λΈμ€, 리μΊμΉμ ν¨κ» μ ν리λ νλμ νλ‘λνΈμ²λΌ λκ»΄μ§λ€. μ΄λ κ² λΉμΊμ νμ΄ νΉλ³ν μ΄μ λ λ―ΌμΉλμ΄ μ£Όλνμλ λΉμΊμ ν μ»¬μ³ λλΆμΈ κ² κ°λ€!
μ€λμ #λΉμ¦λμ€μΊλ²μ€ μ μΈλ²μ§Έ μμΌμ΄λ€.
μ²μ κΉμ°μ§λμ λ§λ¬μ λ, λͺΈμ΄ 5κ°μΈλ― μ΄μ μ μΈ λͺ¨μ΅μ λ©μμμ§λ§, κ³Όμ° μ λ° λ°©μμ΄ μ§μκ°λ₯ν κΊ?λΌλ μκ°μ΄ λ€μλ€. κ·Έλ¬λ 1λ μ μ μ§κΈ κ·Έλ¦¬κ³ 3λ μ μ λͺ¨μ΅μ΄ λκ°λ€. λΉμΊμ μμΌμ λ§μ μ°μ§λμ ν¬ν¨ν μ°λ¦¬ νμ μλμ ν±ν νλκ° μ§μκ°λ₯ν μ΄μ λ₯Ό μκ°ν΄λ΄€λ€.
1) μμ μΌμλ μ½κ² μ€λ νκ³ κΈ°λ»ν¨π
μ΅κ·Ό μ°λ¦¬ νμ ν©λ₯ν μ¬λμ μ°λ¦¬ νμ μ¬λμ μ΄λͺ¨μ§μ λλνκ° κ³Όλνλ€κ³ λ§νλλ° κ·Έλ§νΌ μμ μ±μ·¨μ λ°κ²¬μλ μλ μ²λΌ ν¨κ» κΈ°λ»νκ³ μ¦κ±°μνλ€.
2) μ λλ κ±°μλ μ½κ² μ¬νΌνμ§ μμπ§
μ¬μ€ κΈ°μ‘΄μ μ νμ νΌλ΄νκ³ μλ‘μ΄ μ νμ λ§λλ κ²°μ μ λ³΄ν΅ λ¬΄κ²κ³ μμΈν κ³Όμ μ΄μ§λ§ λΉμΊμμ κΈ°μ‘΄ μ νμ λ¬Έμ μ μ λΆμνκ³ μλ‘μ΄ μ νμ 0μμλΆν° μμ΄λ°μ΄μ νλ κ³Όμ μ ν₯λ―Έμ§μ§νλ€. μ λλ 건 λΉ λ₯΄κ² μΈμ νκ³ 'λ κ±°'μ μ§μ€νλ€.
3) λͺ°λλ κ²μ μλ‘κ² μκ² λλ κ±°μ μ ν λΆλλ¬μνμ§ μμ π₯Έ
μμ₯μμ μ΄λ¦μ΄ μλ €μ§κ³ , λ΄λΆμμλ λνλΌλ μ§μ± μ κ°κ³ μμ§λ§ μ°μ§λμ λͺ°λλ μ¬μ€μ μκ² λλ κ²μ λν΄ μ ν 거리λμ΄ μλ€. 'λͺ°λλ' κ²μ΄ μλλΌ μλ‘μ΄ κ±Έ 'λ°°μ λ€λ' κ²μ λν΄ μ§μ¬μΌλ‘ μ¦κ±°μνλ€.
μ€ννΈμ μ κ³ κ°μΌλ‘ λ§λλ©° μ’μ μ νμ΄ μμ§λ§, ν λΉλ©μ μ΄λ €μνλ νμ΄ λ§λ€λ μ¬μ€μ΄ μ κΈ°νλ€. λ³΄ν΅ λ°λμΌ κ±°λΌκ³ μκ°νλ€. νμ§λ§ λΉμΊμ ν μμ²΄κ° νμ λ, νμ λ νμ΄λΈμ€, 리μΊμΉμ ν¨κ» μ ν리λ νλμ νλ‘λνΈμ²λΌ λκ»΄μ§λ€. μ΄λ κ² λΉμΊμ νμ΄ νΉλ³ν μ΄μ λ λ―ΌμΉλμ΄ μ£Όλνμλ λΉμΊμ ν μ»¬μ³ λλΆμΈ κ² κ°λ€!
μ μ’
νμ μΈμ¬μ΄νΈ
λμ€μ»€λ²λ¦¬ν μ»€λ¨Έμ€ (νλ¬λ¬, λ°μ΄νΈλμ€) λν AIκ° λ§λ€μ΄λΈ μνμΈλ°, μ΄ μλμμλ μ΄λ€ ν΅μ©λλ BMμ΄ λ±μ₯ν κ²μΈκ°. μ°Έκ³ λ‘ μ΄ κΈμ 2020λ
λ κΈ. https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
Browsing commerce: μΌννλ¬ κ° κ²½νμ μ§μμ μμνκ².
Discovery: Current search-based models work for electronics and books, but not so much for apparel or home dΓ©cor where users seek an element of inspiration and discovery. Users express their desire for discovery on platforms such as Pinterest and Instagram Explore instead.
Fun: Shopping malls offer various entertainment options such as movies, gaming, eating, social gathering etc. which are missing in current models.
Social: Most of our purchase decisions are driven by recommendations from our friends and family but current e-commerce models do not offer ways to integrate those recommendations.
Personalization: Though our Google search results and Facebook newsfeed are highly personalized, our Amazon homepage is still generic.
Key characteristics of players in browsing e-commerce
The KPIs required to win in the search based e-commerce and browsing e-commerce models are different. While Amazon might be laser focused on 1) delivery time 2) SKU count 3) conversion; PDD might be laser focused on 1) user engagement 2) churn 3) SKU count. Amazon doesnβt look like making an effort to increase engagement on its app, whereas PDD is optimizing for high DAU/ MAU and time spent.
Platforms that can combine both entertainment and e-commerce will win this category. As proven in China, entertainment could be in the form of social network, live streaming, user videos, product build videos or influencer content. On the e-commerce side, categories such as apparel, home products or electronic accessories should be relevant. SKUs that are low intent, low price and non-branded would be more likely to succeed.
Browsing commerce: μΌννλ¬ κ° κ²½νμ μ§μμ μμνκ².
Discovery: Current search-based models work for electronics and books, but not so much for apparel or home dΓ©cor where users seek an element of inspiration and discovery. Users express their desire for discovery on platforms such as Pinterest and Instagram Explore instead.
Fun: Shopping malls offer various entertainment options such as movies, gaming, eating, social gathering etc. which are missing in current models.
Social: Most of our purchase decisions are driven by recommendations from our friends and family but current e-commerce models do not offer ways to integrate those recommendations.
Personalization: Though our Google search results and Facebook newsfeed are highly personalized, our Amazon homepage is still generic.
Key characteristics of players in browsing e-commerce
The KPIs required to win in the search based e-commerce and browsing e-commerce models are different. While Amazon might be laser focused on 1) delivery time 2) SKU count 3) conversion; PDD might be laser focused on 1) user engagement 2) churn 3) SKU count. Amazon doesnβt look like making an effort to increase engagement on its app, whereas PDD is optimizing for high DAU/ MAU and time spent.
Platforms that can combine both entertainment and e-commerce will win this category. As proven in China, entertainment could be in the form of social network, live streaming, user videos, product build videos or influencer content. On the e-commerce side, categories such as apparel, home products or electronic accessories should be relevant. SKUs that are low intent, low price and non-branded would be more likely to succeed.
Medium
Browsing e-commerce: An untapped $250B+ opportunity
What is browsing e-commerce?
Continuous Learning_Startup & Investment
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86 Browsing commerce: μΌννλ¬ κ° κ²½νμ μ§μμ μμνκ². Discovery: Current search-based models work for electronics and books, but not so much for apparel or home dΓ©cor where usersβ¦
Over the past three years, Pinduoduo (PDD) has experienced significant success, becoming one of China's largest e-commerce platforms. The company's success can be attributed to several key factors, including its unique business model, growth strategy, and expansion efforts.****Business Model****Pinduoduo operates on a marketplace business model, matching buyers with suppliers on its platform and earning revenue from online marketing services, transaction services, and merchandise sales**[2](https://productmint.com/pinduoduo-business-model-how-does-pinduoduo-make-money/)**. The platform's success is largely due to its group buying feature, which allows users to form groups and purchase items at low prices**[7](https://appscrip.com/blog/pinduoduo-business-model/)**. This model has proven to be highly effective, with Pinduoduo registering staggering growth rates, even faster than established counterparts like Alibaba and JD.com**[7](https://appscrip.com/blog/pinduoduo-business-model/)**.
Growth Strategy in China**Pinduoduo's growth strategy has focused on offering group deals, similar to Groupon, where users can form groups and get deals of up to 90% cheaper on a wide range of products**[4](https://kickstartsidehustle.com/pinduoduo-growth-strategy-0-to-60b-valuation-in-3-years/). The company has also integrated social media platforms into its strategy, encouraging users to share products with their networks, effectively lowering customer acquisition costs**[12](https://thestrategystory.com/2021/05/13/pinduoduo-business-model-strategy/)**. Additionally, Pinduoduo has targeted lower-tier cities in China, offering discount products and capitalizing on the initial growth spurt to expand into other product categories**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**.
Expansion in the US**In September 2022, Pinduoduo launched its US online shopping site, Temu, marking its first major push overseas**[3](https://www.cnbc.com/2022/09/02/chinas-e-commerce-giant-pinduoduo-launches-us-shopping-site-temu.html). This expansion could potentially challenge US e-commerce leader Amazon and provide new growth opportunities for Pinduoduo. However, it's important to note that the company may face challenges in the US market, such as increased competition and the need for significant marketing, R&D, and logistics investments**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth)**.
Future Success**While Pinduoduo has experienced impressive growth in recent years, its future success will depend on several factors. The company is investing in agriculture technology in China and expanding into the US to drive growth**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth). Additionally, Pinduoduo has started turning a profit, with its first-ever profitable quarter reported in August 2021**[2](https://productmint.com/pinduoduo-business-model-how-does-pinduoduo-make-money/)**. Analysts expect the company's operating margin to expand and its net income to surge by 57% in 2022**[11](https://www.fool.com/investing/2022/04/19/4-green-flags-for-pinduoduos-future/)**.However, it's important to consider the potential challenges Pinduoduo may face, such as China's regulatory environment, rising interest rates, and the need for continued innovation to stay ahead of competitors**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**. While it's difficult to predict with certainty whether Pinduoduo will continue to succeed in the market, its unique business model, growth strategy, and expansion efforts provide a strong foundation for potential future success.
### Temu's Performance in the US
Since its launch in September 2022, Pinduoduo's US online shopping site, Temu, has experienced significant growth. In May 2023, Temu had over 100 million active users in the United States
[3](https://www.businessofapps.com/data/temu-statistics/)
Growth Strategy in China**Pinduoduo's growth strategy has focused on offering group deals, similar to Groupon, where users can form groups and get deals of up to 90% cheaper on a wide range of products**[4](https://kickstartsidehustle.com/pinduoduo-growth-strategy-0-to-60b-valuation-in-3-years/). The company has also integrated social media platforms into its strategy, encouraging users to share products with their networks, effectively lowering customer acquisition costs**[12](https://thestrategystory.com/2021/05/13/pinduoduo-business-model-strategy/)**. Additionally, Pinduoduo has targeted lower-tier cities in China, offering discount products and capitalizing on the initial growth spurt to expand into other product categories**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**.
Expansion in the US**In September 2022, Pinduoduo launched its US online shopping site, Temu, marking its first major push overseas**[3](https://www.cnbc.com/2022/09/02/chinas-e-commerce-giant-pinduoduo-launches-us-shopping-site-temu.html). This expansion could potentially challenge US e-commerce leader Amazon and provide new growth opportunities for Pinduoduo. However, it's important to note that the company may face challenges in the US market, such as increased competition and the need for significant marketing, R&D, and logistics investments**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth)**.
Future Success**While Pinduoduo has experienced impressive growth in recent years, its future success will depend on several factors. The company is investing in agriculture technology in China and expanding into the US to drive growth**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth). Additionally, Pinduoduo has started turning a profit, with its first-ever profitable quarter reported in August 2021**[2](https://productmint.com/pinduoduo-business-model-how-does-pinduoduo-make-money/)**. Analysts expect the company's operating margin to expand and its net income to surge by 57% in 2022**[11](https://www.fool.com/investing/2022/04/19/4-green-flags-for-pinduoduos-future/)**.However, it's important to consider the potential challenges Pinduoduo may face, such as China's regulatory environment, rising interest rates, and the need for continued innovation to stay ahead of competitors**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**. While it's difficult to predict with certainty whether Pinduoduo will continue to succeed in the market, its unique business model, growth strategy, and expansion efforts provide a strong foundation for potential future success.
### Temu's Performance in the US
Since its launch in September 2022, Pinduoduo's US online shopping site, Temu, has experienced significant growth. In May 2023, Temu had over 100 million active users in the United States
[3](https://www.businessofapps.com/data/temu-statistics/)
productmint
The Pinduoduo Business Model β How Does Pinduoduo Make Money?
Pinduoduo makes money from online marketing services, transaction services, as well as merchandise sales. The company operates on a marketplace business model.
Continuous Learning_Startup & Investment
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86 Browsing commerce: μΌννλ¬ κ° κ²½νμ μ§μμ μμνκ². Discovery: Current search-based models work for electronics and books, but not so much for apparel or home dΓ©cor where usersβ¦
. According to Sensor Tower, Temu ranked among the top 10 shopping apps in the country
[1](https://www.modernretail.co/technology/pinduoduos-u-s-app-temu-is-growing-but-it-faces-a-tough-road-ahead/)
. In the week leading up to February 5, 2023, Temu recorded a gross merchandise volume exceeding $50 million
[13](https://www.scmp.com/tech/big-tech/article/3210831/chinese-firm-pdds-temu-budget-shopping-app-sees-surge-weekly-us-sales-ahead-biggest-campaign-during)
.Temu's aggressive customer acquisition strategy in the United States and Canada has contributed to its rapid growth
[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)
. The company has reportedly set aside billions of dollars for marketing
[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)
. In February 2023, Temu made a splash at the Super Bowl, the most-watched television event in the United States, with a 30-second advertisement titled "Shop Like a Billionaire"
[6](https://www.chinadaily.com.cn/a/202302/14/WS63eadecca31057c47ebae977.html)
.Despite its early success, Temu faces challenges in the US market, such as intense competition and high marketing expenses
[12](https://seekingalpha.com/article/4548747-pinduoduo-finds-early-success-in-us-e-commerce-now-comes-the-hard-part)
. The company has been spending heavily on high-profile ads to grow its customer base, losing an average of $30 on each order placed on its site, primarily by subsidizing the cost of international shipping
[8](https://www.theinformation.com/briefings/temu-takes-on-heavy-losses-to-win-u-s-customers)
. Temu's future growth will depend on its ability to unlock new consumer discretionary demand and take shares from brick-and-mortar spend or other recreational household budgets
[5](https://seekingalpha.com/article/4588874-how-big-can-pdd-holdings-temu-get)
.In conclusion, Temu has achieved notable growth in the US market since its launch. However, it faces challenges such as competition and high marketing expenses. Its future success will depend on its ability to continue attracting customers and effectively compete with established e-commerce giants like Amazon.
[1](https://www.modernretail.co/technology/pinduoduos-u-s-app-temu-is-growing-but-it-faces-a-tough-road-ahead/)
. In the week leading up to February 5, 2023, Temu recorded a gross merchandise volume exceeding $50 million
[13](https://www.scmp.com/tech/big-tech/article/3210831/chinese-firm-pdds-temu-budget-shopping-app-sees-surge-weekly-us-sales-ahead-biggest-campaign-during)
.Temu's aggressive customer acquisition strategy in the United States and Canada has contributed to its rapid growth
[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)
. The company has reportedly set aside billions of dollars for marketing
[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)
. In February 2023, Temu made a splash at the Super Bowl, the most-watched television event in the United States, with a 30-second advertisement titled "Shop Like a Billionaire"
[6](https://www.chinadaily.com.cn/a/202302/14/WS63eadecca31057c47ebae977.html)
.Despite its early success, Temu faces challenges in the US market, such as intense competition and high marketing expenses
[12](https://seekingalpha.com/article/4548747-pinduoduo-finds-early-success-in-us-e-commerce-now-comes-the-hard-part)
. The company has been spending heavily on high-profile ads to grow its customer base, losing an average of $30 on each order placed on its site, primarily by subsidizing the cost of international shipping
[8](https://www.theinformation.com/briefings/temu-takes-on-heavy-losses-to-win-u-s-customers)
. Temu's future growth will depend on its ability to unlock new consumer discretionary demand and take shares from brick-and-mortar spend or other recreational household budgets
[5](https://seekingalpha.com/article/4588874-how-big-can-pdd-holdings-temu-get)
.In conclusion, Temu has achieved notable growth in the US market since its launch. However, it faces challenges such as competition and high marketing expenses. Its future success will depend on its ability to continue attracting customers and effectively compete with established e-commerce giants like Amazon.
Modern Retail
Pinduoduoβs U.S. app Temu is growing β but it faces a tough road ahead
Experts wondered if Pinduoduo's Temu will be able to achieve considerable scale and profitability in a market that's crowded.
Neko Health, a healthcare startup co-founded by Spotify CEO Daniel Ek, has raised $65.4 million in a Series A funding round led by venture capital firm Lakestar, with participation from General Catalyst and Atomico2. The company, founded in 2018 and based in Stockholm, Sweden, focuses on proactive healthcare and offers a body scan that collects 50 million health data points using more than 70 sensors in about 10 minutes, followed by a physician visit2 4 .Neko Health aims to revolutionize healthcare pathways and processes by using artificial intelligence and sensor technology to develop a healthcare system that emphasizes patient care and disease prevention4 7. The company provides services such as body scans, skin scans, and cardiovascular examinations to detect and prevent serious illnesses4. The funding will be used to expand Neko Health's reach outside of Sweden and invest in research and development, clinical trials, and recruitment11. Notable investors joining the company's board include Skype co-founder Niklas Zennstrom and Klaus Hommels, founder of the venture capital firm Lakestar5.Neko Health's first medical center, which opened in Stockholm in February 2023, was fully booked within two hours, and 5,000 people were placed on a waiting list8. The company plans to use the funding to expand its services beyond its initial facility10.