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‘Shop like a billionaire’ – but is Temu safe?

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If you’re active on social media or use Google Shopping, you’ve likely encountered ads for Temu.

Temu is a Chinese e-commerce marketplace that boasts incredibly low prices compared to Western equivalents.

Sports shoes for $6?

A computer keyboard for $10?

These eye-catching deals have attracted many Western shoppers seeking to save money in the face of rising inflation, making Temu the most downloaded shopping app worldwide.

However, concerns about the environmental impact, product safety, and the legitimacy of Temu have also arisen.

What Is Temu?

Temu, the Western-branded arm of Chinese online retail giant Pingduoduo, allows shoppers to buy directly from Chinese manufacturers known for their cost-effectiveness.

The platform also offers users opportunities to earn credits for future purchases, either through spin-the-wheel games or by referring others to join the site.

However, not all is rosy, as customer reviews paint a less-than-stellar picture.

Temu holds just a 2.5/5 rating on the US Better Business Bureau (BBB) website, and one-third of Trustpilot reviews give it only one star.

Customers have expressed concerns about spam in their inboxes, difficulties in obtaining refunds, and receiving items in poor condition or not at all.

There are also worries about the potential use of forced labor in Temu’s supply chains.

Data risks

A US government agency has raised concerns about data risks associated with Temu and another Chinese retailer, Shein, echoing previous worries about the data practices of Chinese-owned online services like TikTok.

It’s important to note that these issues do not necessarily brand Temu as a scam site.

Nevertheless, where there are users, fraudsters tend to follow, attempting to deceive unsuspecting consumers through the popular Chinese retailer.

Top 5 Temu Scams

Here are some of the most common scams observed on Temu:

1. Nude Celeb “Leaks”: Scammers lure users into entering their referral code for cash or rewards by posting enticing but fake offers of celebrity nudes accessible via the code. However, there are no actual images, and scammers simply accumulate more referrals.

2. Fortnite/Roblox Benefits: Similar to the previous tactic, scammers claim users can access free Roblox Robux gift cards or rare Fortnite skins by entering a referral code on Temu. These offers are bogus, exploiting users’ curiosity and the platform’s relatively low visibility.

3. Duplicate Products: While Temu itself may not list counterfeit products, there have been reports of duplicate items resembling patented products closely. Unwary shoppers may end up with items that don’t meet their expectations.

4. Celeb Merchandise: Scammers create fake social media posts from celebrities, implying they have partnerships with Temu to promote discounted merchandise. Users are urged to visit the site and enter a referral code, but there is no such deal.

5. 90% Off Scams: Unsolicited emails and website ads promise substantial discounts on a wide range of Temu-listed products. Clicking through leads to phishing sites, where scammers collect payment card information, leaving buyers empty-handed.

By staying vigilant and taking precautions, you can enjoy the special deals and low prices that Temu offers while protecting yourself from potential scams.

Remember, while Temu itself may not be a scam, fraudsters may attempt to exploit it to defraud shoppers.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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