Temu and Shein are pivoting to Europe in face of U.S. tariffs. But they may not get a warm welcome
U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over ...
Tag: Temu
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Nurphoto | Nurphoto | Getty ImagesChinese bargain retailer Temu changed its business model in the U.S. as the Trump administration's ...
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without ...
Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein ...
Amazon eyes global expansion for its Temu, Shein competitor
Amazon is looking to expand its competitor to Temu and Shein beyond the U.S.The company intends to launch its discount ...
Temu steers users to ‘local’ products after Trump shuts tax loophole
A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via ...
PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies
Jaque Silva | Nurphoto | Getty ImagesTemu, the popular e-commerce app owned by China's PDD Holdings, topped Apple's list of ...
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China's ...
U.S. safety regulator calls for probe of Temu, Shein over ‘deadly baby and toddler products’
Global online shopping platform Temu.Bloomberg | Bloomberg | Getty ImagesTwo U.S. Consumer Product Safety Commission members are urging the agency ...
Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the ...
