Temu In Mongolia
Temu, an international platform from Pinduoduo, China’s largest trading platform, officially launches in Mongolia. Collaborations with MN Post, UBCab Express, China Post, and Tonda Global bring this global platform to the Mongolian market.
Expands to 🇲🇳
The partnership between TEMU, MN Post, and UBCab Express revolutionizes Mongolia's e-commerce infrastructure. By connecting with TEMU’s systems, Mongolia can now track shipments in real-time and offer a seamless shopping experience.
- 🚘 UBCab Express plays a crucial role with its network of 50,000 drivers, ensuring deliveries across Mongolia’s provinces.
🛍️ Before and After Taobao
E-commerce in Mongolia is growing rapidly, with new businesses and consumers turning to online shopping and selling. In 2024, the sector is expected to hit $279.6 million, a 36.5% increase from the previous year. This growth trajectory continues, with revenue forecasted to reach $463.2 million by 2025.
- 🛒 Before the advent of platforms like Taobao, Mongolia’s e-commerce scene was almost nonexistent. With a landlocked geography and limited access to global retail giants, online shopping was mainly limited to local platforms offering a narrow range of goods. Many Mongolians resorted to offline methods for purchasing international products, which involved lengthy delays and exorbitant shipping fees.
Beyond Chinese e-commerce giants, Mongolians also shop from Amazon and other global platforms through services like Shoppy and Stora.mn.
With Temu’s arrival and strengthened logistics partnerships, both individual shoppers and retail businesses enjoy faster, more affordable, and more reliable access to the global market—a transformation that once seemed out of reach.
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