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Rani Molla

Temu is trying to become Amazon before Amazon becomes Temu

Last month, we learned that Amazon was trying to upstage competition by creating a Temu clone that would ship items directly from China — a play for customers willing to wait longer for cheaper goods. Now it’s Temu’s turn to dress up as Amazon. The Chinese online retailer is diversifying beyond its direct-from-China strategy by signing up Chinese sellers that already have inventory in the US — some of which are big sellers on Amazon — so shipments will potentially be a lot quicker and can include bigger items like furniture.

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Ford Announces Plans For New Electric-Vehicle Battery Plant

Ford’s leaving the door open for a Chinese automaker collaboration, says RBC

US lawmakers have raced to introduce legislation to lock in restrictions on cheaper Chinese vehicles and parts ahead of the Trump-Xi meeting in May.

Airlines Cut Flights As Concerns Grow Over Jet Fuel Prices And Shortages

The 6 biggest US airlines spent $1.2 billion more on fuel in Q1, and things are about to get worse

Carriers expect to pay about $4.26 per gallon for jet fuel in Q2, up from $2.80 in Q1.

what3words

What3words is a simple and genius idea with one of the worst business models of all time

What3words is crowdfunding for new shareholders... and seeking exits for current ones.

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