🐉🔥 A Dragon in the British High Street: Temu’s Blitzkrieg, Thank you Sam Chambers 👏
Picture this: the British high street is a cricket pitch. Retailers—steady and sweating—are fielding curveballs in the form of rising costs and creaky regulations.
Then, out of nowhere, along comes Temu—a dragon with a turbocharged bat, smashing sixes like there’s no tomorrow 🏏💥. It’s not just competing; it’s rewriting the rulebook mid-game:
Next-day delivery? 🚚 Temu’s already on it.
UK suppliers? ✅ Sorted.
Clever Tax and duty avoidance? 🫥 hmm.. is that their secret weapon.
As Sam Chambers warns, the high street isn’t just under pressure—it’s gasping for air 😵💫, while Temu flies circles around the competition, armed with state subsidies and a cheeky knack for dodging tax duties. Fair game? Not quite.
⚖️ The Competition and Markets Authority: Time to Shine—or Trip Over Its Laces
If the CMA is the umpire in this cricket match, it’s fumbling 🧐:
Michael Porter’s competitive advantage reminds us that innovation thrives on fairness—not on state-subsidised fire-breathing dragons 🐲.
The CMA’s rusty whistle won’t do. It needs shiny new dentures 🦷 to bite into these tax-evading tactics.
Otherwise, the high street will become chaotic 🤠, where the only rule is "winner takes all."
🏏✨ Fair Play: A Global Standard, Not Just a Local Grumble
Let’s clear the crease:
This isn’t about shouting “Britain First!” 🏴☠️
It’s about ensuring every player—from Birmingham boutiques to Beijing powerhouses—plays by the same rules.
Unchecked, Temu’s Dragonfire won’t just scorch the high street—it’ll reduce Britain’s retail legacy to ashes 🧨.
The CMA has a chance to rise, not as a nationalist guard dog 🐕🦺, but as a global thought leader 🌍.
Fair play isn’t old-fashioned; it’s the backbone of thriving markets.
Cricket isn’t just a sport; it’s a way of life 🏏.
And like cricket, the high street deserves rules that honour the game.
🛒🔥 FACTS
The UK High Street Struggle: Temu has over 12.1 million active UK users—twice as many as Amazon and eBay combined 📊.
Unfair Advantage: By shipping low-value, individually packaged goods, Temu avoids import duties that UK retailers must pay 🚫💷.
State-Subsidised Power: PDD Holdings, Temu’s parent company, thrives on Chinese state subsidies, enabling its unsustainably low prices 💰🧪.
Sources: (The Times, Michael Porter, Competitive Advantage, Sensor Tower, Reuters News Agency - PDD Holdings and its State Subsidy Strategy, Competition and Markets Authority, HM Revenue & Customs)