Temu
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Temu is an online marketplace operated by the Chinese e-commerce company PDD Holdings Inc. and headquartered in Boston. It offers heavily discounted goods, leveraging a direct-to-consumer business model that eliminates middlemen. The platform revolutionizes the supply chain, allowing for remarkably low prices by sourcing products directly from sellers at scale. Product/Service Line Breakdown: Discounted Goods: Temu provides a wide range of products at heavily discounted prices, making it an attractive platform for cost-conscious consumers. Direct-to-Consumer Model: The platform operates on a direct-to-consumer model, enabling sellers to source products at scale directly from manufacturers or suppliers, eliminating intermediaries.
Keywords
Keywords
Classified
Private