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Temu and Shein have boosted their ad spending in Europe, particularly in the U.K. and France, according to a report from Reuters, reflecting their shift away from the U.S.
Shein boosted spending 35% in France and the UK, while PDD Group's (PDD.O) Temu increased by 40% and 20% month-over-month, respectively, according to Sensor Tower data provided exclusively to Reuters.
France wants to start charging non-EU online sellers a handling fee for each low-value package shipped to domestic customers, government ministers said Tuesday as the country copes with an influx ...
Both Shein and Temu primarily produce goods in China, Trump’s biggest tariff target, which now faces a total tariff rate of 145% and has demanded that Trump drop the steep tariffs.
Target’s competition includes Temu, a unit of PDD Holdings Inc., Shein, Walmart Inc. and Amazon.com Inc., which started a low-cost online storefront called Haul that sells most items for under $20.
Yes, Shein and Temu are still shipping to the United States and other countries. Because of tariffs and the closing de minimis loophole, however, U.S. customers may see higher prices.
Target’s competition includes Temu, a unit of PDD Holdings Inc., Shein, Walmart Inc. and Amazon.com Inc., which started a low-cost online storefront called Haul that sells most items for under $20.
AFP AFP Apr 29, 2025 Apr 29, 2025Updated Apr 30, 2025 ...
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