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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 ...
New York Magazine on MSN8d
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 (PDD) shares are plunging as sales of Chinese online retailers Temu — which is owned by PDD Holdings — and Shein dropped sharply after tariff-driven price hikes, according to Bloomberg. US ...
A recent analysis by Salesforce found that apps such as Temu, Shein, AliExpress ... For Amazon, the largest American online retailer, these competitors have gone from a marginal trend to a ...
Like TikTok, Temu represents another front in strategic competition with China and should be taken just as seriously. These fears have driven congressional and state-level action designed to prevent ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
After an earlier report stated otherwise, Amazon told Quartz that only the team behind Haul, its budget shopping experience that competes directly with overseas sellers such as Temu (PDD ...
Competition appears to be a growing problem, though. Temu entered the Nigerian market in late 2024 and is throwing substantial resources behind its expansion effort. Jumia's decision to exit the ...