he Cooperatives and Small and Medium Enterprises (SMEs) Ministry has announced an interministerial meeting over the recent entry of Chinese e-commerce platform Temu into Indonesia.
Aside from the SMEs Ministry, the meeting is to include the Trade Ministry and the Communications and Information Ministry.
“This week there will be another meeting, because Temu is now available on the App Store and Play Store,” said Fiki, a special staff member at the SMEs Ministry, on Monday, as quoted by Bisnis.
The meeting was aimed at halting Temu’s operations in the country, he said, claiming that it jeopardized the business of local SMEs.
“Although [Temu] has yet to begin operating, it is available [on the App Store and Play Store]. We will try to take it down,” he vowed.
Temu would be putting local SMEs at huge risk because it allowed consumers to conduct direct transactions with factories based in China, Fiki added.
The platform’s business model of selling products directly from factories cuts out resellers, affiliates and third parties from the supply chain, which threatens the business model of domestic SMEs, according to the ministry.
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