News

Daily U.S. users of Temu were down 58% year over year in May, according to a Reuters report that quoted data from Sensor ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
After Donald Trump’s tariffs on China, European countries are braced for a flood of Chinese goods that might not come.
To try to convince merchants in China to refocus on European consumers, Shein, Temu and TikTok turned to the same tactics ...
Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to ...
U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
New York Magazine on MSN10d
Temu and Shein Might Just Be Screwed
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...
After clothing, the two Asian platforms Temu and Shein have successfully extended their offer to new product areas.
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...