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Temu lands in top five of e-commerce sites in Switzerland

Launched in Switzerland in April 2023, the Chinese platform Temu is now among the top five online retailers in the country, according to the annual ranking published on Friday by the consultancy firm Carpathia. According to estimates for 2025, the e-commerce platform’s revenue in Switzerland has now reached CHF1 billion ($1.25 billion), a meteoric rise over the space of three years. “With Temu entering the rankings, this is the first time that four players have exceeded CHF1 billion in turnover,” explained David Morant, consultant and co-owner of Carpathia. Galaxus, with an estimated CHF2.3 billion in revenue, Zalando with CHF1.82 billion, Digitec with CHF1.05 billion, and Temu with CHF1 billion, account for a total of CHF7.1 billion in revenue – half of the sales of the 50 online retailers in the ranking, which together account for CHF14.2 billion in turnover. Amazon treading water Morant pointed out that a large proportion of the growth was driven by two players, Galaxus and Temu ... Full story here Are you the author?
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