[00:00] every break when my cart of 104,564 items, more valuable than the items." and Chinese factories would produce everything,
[00:15] something that was familiar to them. produced in China, if it had Nike or Adidas it's not really a marketplace.
[00:29] They're going to these factories that your manufacturing lines are running." and they have gamification where they're able
[00:43] if I was gonna lose money anyways if I can make a dollar by selling a widget, what they offer changes from time to time.
[00:56] "Hey, I can make a car charger," and then Temu goes through and prices And Temu is a fascinating case study in just
[01:12] has really locked onto the Western consumer that China would've had if they had only been And so when I'm buying a pair
[01:25] had the best labor laws, the best outputs, is probably not a 100%. And you look at Shein as another one
[01:40] vying for demand and volume and things like that and so the name of the game is to make sure then they run into an issue
[01:54] And so they will do next to anything can running, that they can stay afloat.