By Brad Kallet, Editor at LinkedIn News — There’s a new top dog in the online retail marketplace. Temu, which launched last September and sells everything from apparel to electronics, has already skyrocketed to the top of the app store charts in the U.S., according to CNN. The discount online superstore — owned by Chinese company PDD Holdings — had more app downloads than Amazon, Walmart and Target in the fourth quarter of 2022 and has held its ground atop the charts in 2023. However, it remains to be seen whether Temu, which aired a 30-second commercial spot during last week’s Super Bowl, will be able to maintain its incredibly low prices for a sustained period of time, said Coresight Research CEO Deborah Weinswig. Temu has more than 11 million monthly active users and has been downloaded 24 million times.