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Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
The end of the de minimis exemption is undermining traffic to two of China’s most popular e-commerce platforms, industry data ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
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Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
But it's not just high-volume, big-value transactions that are at risk, but also direct-to-consumer businesses that have avoided the impact of tariffs for years. Shein and Temu, in particular ...
Ultra-popular fast fashion websites Shein and Temu are facing resistance in the United States as the trade war between the U.S. and China continues to escalate. Known for selling products ranging from ...
Supply Lines is a daily newsletter that tracks global trade. Sign up here. Shein Group Ltd. and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs ...
“We’re doing everything we can to keep prices low and minimize the impact on you ... experiencing a drop in sales due to tariffs, the AP reports Shein and Temu have cut advertising ...
Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 58% in May due to the impact of tariffs ... that provision for years to drop-ship items directly from suppliers ...
Monthly average user ... impact of sustained investments in the ecosystem as we support merchants and consumers through uncertain times.” As part of a strategy to reduce shipping costs, Temu ...
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