News

Despite US trade curbs, ultra-fast fashion giants rerouted supply chains and flooded markets like Australia with cheaper ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
President Donald Trump may have pressed pause on his harshest China tariffs, but Shein and Temu are still feeling the effects ...
After Donald Trump’s tariffs on China, European countries are braced for a flood of Chinese goods that might not come.
Marketplace has been following Lei’s business since 2018, just before President Trump imposed tariffs in his first term. Not ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
To try to convince merchants in China to refocus on European consumers, Shein, Temu and TikTok turned to the same tactics ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which ...
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 ...
PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...