SYDNEY, Jan. 24, 2025 /PRNewswire/ -- Temu has been ranked the fastest-growing website in Australia, according to Similarweb's 2025 Digital 100 Australia report, with a 72% increase in unique visitors year-over-year.
The online marketplace leads the rankings, which measure the top 250 websites across various categories, followed by property.com.au and chatgpt.com, ranked second and third, respectively.
"We sincerely thank our customers for their continued support and for choosing our value-focused e-commerce," a Temu spokesperson said. "We are committed to continuously enhancing our platform to provide greater value for our customers."
Temu's rapid growth extends beyond web traffic. It was also the most downloaded iPhone app in Australia for 2024, according to Apple, and the only shopping app in the top 10 free apps on the App Store. Globally, Temu holds the top spot in 25 markets across more than 30 countries and regions with official Apple rankings, including the U.S., UK, and South Korea.
Central to Temu's growing popularity is its direct-from-factory model, which connects shoppers directly with manufacturers. By eliminating intermediaries and their associated costs, the platform offers competitive pricing while maintaining operational efficiency.
Since entering the Australian market in March 2023, Temu has actively listened to feedback from stakeholders and adapted its offerings to better meet consumer needs. In 2024, the platform enabled qualified sellers to manage logistics and ship products directly from Australian warehouses, cutting delivery times to as fast as one business day. This initiative expanded product variety and significantly improved service for local customers.
Despite being just over two years old, Temu has expanded to more than 80 markets, including Oceania, the Americas, Europe, the Middle East, Africa, and Asia. To further enhance its service, Temu has introduced local fulfillment services and begun recruiting local sellers in some markets, such as the U.S., UK, Germany, France, and Japan. These efforts aim to broaden its product selection and improve delivery efficiency.
In Europe, the company estimates that up to 80% of its business could stem from its local-to-local model. This approach not only allows sellers to better serve domestic markets but also provides opportunities to reach new customers across regions through Temu's platform.
About Temu:
Temu is an online marketplace that connects consumers with millions of sellers, manufacturers, and brands around the world with the mission to empower them to live their best lives. Launched in the U.S. in September 2022, Temu is committed to offering the most affordable quality products to enable consumers and sellers to fulfill their dreams in an inclusive environment.
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Temu Tops Similarweb's Fastest-Growing Websites List in Australia
New integration connects institutional algos, block trading and retail distribution to Kalshi's prediction and perpetual markets
NEW YORK, July 22, 2026 /PRNewswire/ -- Talos, the premier provider of institutional digital asset infrastructure, technology and data supporting the full investment lifecycle, today announced an integration with Kalshi, the next-generation financial exchange. Using the same Talos interface used to trade digital assets today, select institutional clients will be able to trade Kalshi's event contracts and crypto perpetuals with no separate integration required.
Prediction markets and US-onshore perpetuals are emerging as important institutional markets and require institutional-grade tools to support participation. Kalshi's regulated clearing structure gives institutions a similar framework they use in traditional options and futures markets. Talos is launching two major capabilities to bring familiar tooling to their workflows.
For on-exchange trading, clients such as market makers and hedge funds have access to the Talos algo trading suite, including Iceberg, Pegged, Sniper, TWAP and POV, designed to work orders while minimizing market impact. Talos's multi-leg execution suite extends this to spread trading: clients can construct perp-to-perp and perp-to-spot spreads within a single order, supporting basis and funding-rate arbitrage strategies as onshore perpetuals scale. Talos intends to support prediction-market-to-perpetual multi-leg spreads in the future.
In parallel, the Talos RFQ (request-for-quote) platform, the same system Talos's ETF issuer clients use for create/redeem workflows, will provide a block trading interface for trading large sizes off-exchange, connecting to Talos's network of OTC liquidity providers.
"As institutional interest in prediction markets accelerates, Kalshi's regulatory standing as a CFTC-regulated exchange makes it a natural venue for that demand," said Andy Ross, Head of Institutional at Kalshi. "Working with Talos gives our institutional buy-side and sell-side participants a path to Kalshi that fits inside the infrastructure they already run."
"Kalshi has established a regulated structure to unlock US institutional participation in perpetuals and prediction markets," said Anton Katz, CEO and Co-founder of Talos. "Trading is moving to 24/7, prediction use cases are growing rapidly, and every asset class is migrating to digital rails. We believe these trends will fundamentally change how risk is priced, hedged and settled across the market, and Talos is building for that future."
Cantor, the global investment bank within the Cantor Fitzgerald group of companies, advised Talos on aspects of the build-out of its institutional prediction markets functionality. "Prediction markets are emerging into a credible institutional asset class, and firms that engage early will help shape the market structure, liquidity and execution standards that underpin its growth. Cantor looks forward to working closely with Talos to advance institutional access to prediction markets," said Matt DeCicco, Managing Director, Head of Digital Assets for Global Markets at Cantor.
Beyond institutional trading, Talos plans to extend its dealer software solution enabling brokers and trading platforms to offer Kalshi event contracts directly to their own end customers, depending on jurisdiction, later this year.
Talos also plans to offer a harmonized market data feed across prediction market venues, unifying events, trades, order books, open interest and implied probabilities under a single schema. Since venues represent binary outcomes differently, including Kalshi's single market with two sides against other venues' separate outcome tokens, comparing data across platforms today typically requires reconciling formats. Talos's prediction markets data will be delivered through the same API clients already use for crypto market data. Talos anticipates Kalshi will be among the first venues supported.
About Talos
Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. Engineered by a team with unmatched experience building institutional trading, portfolio and data systems, the Talos platform connects institutions to key providers in the digital asset ecosystem — exchanges, OTC desks, prime brokers, lenders, custodians and more — through a single interface. For more information, visit www.talos.com.
Talos Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.
About Kalshi
Founded in 2018, Kalshi is the world's next-generation financial exchange. Prediction markets provide accurate, real-time information on the likelihood of events, making humanity more informed about the future. As the first regulated exchange for events, Kalshi is credited with legalizing and establishing prediction markets as a financial asset class. It's the leading safe and regulated platform, trusted by millions of people and a growing number of institutions in America. To learn more about Kalshi, visit www.kalshi.com.
Media contact
media@talos.com
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Talos Brings Prediction Markets Onto Institutional Trading Infrastructure
