News

In less than a decade, Chinese e-commerce sites have remade American shopping. A recent analysis by Salesforce found that apps such as Temu, Shein, AliExpress, and TikTok “will account for one ...
This allows importers to avoid customs duties on packages that are less than $800 in value. The retailer Gap, by comparison, paid $700 million in duties on imports in 2022. This both artificially ...
The U.S.-listed shares of Temu parent PDD Holdings Inc. were hit hard in early trading Thursday, after the China-based e-commerce company reported a quarterly profit that missed expectations by a ...
Temu is a low-cost online marketplace that has had the temerity to achieve popularity with American buyers while also being Chinese. In response to Temu’s achievements in the world’s most ...
For example, a summer dress sold on Temu for $18.47 will cost $44.68 after $26.21 in import charges are added to the bill, a 142% surcharge, a CNBC analysis shows.
This article was originally published in early 2025 and was last updated on June 10, 2025. Tension: South… ...
With its low-cost, direct-from-manufacturer model, Chinese e-commerce giant Temu has entered the Nigerian market, challenging local players such as Jumia, Konga, and Jiji.
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.