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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 ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
Editor's note: Click here for the latest on tariffs facing Shein and Temu. Known for selling products ... hike on Chinese tariffs would further impact the de minimis rates. Although China faced ...
Trump ends duty-free status on low-value China imports, hitting Shein and Temu with steep new tariffs. New rules slap 90% tariffs on sub-$800 China shipments, ending a key pricing edge for fast ...
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 ...
E-commerce companies have been the biggest users of the ... this time,” Temu's statement said. “Were doing everything we can to keep prices low and minimize the impact on you.” ...
“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 ...
Liu also indicated that the company’s financial results might continue to show the impact ... Temu to significantly reduce its U.S. advertising spend and its share of Google Shopping ads to drop ...