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Local, the leading cross-border payment platform connecting global merchants to emerging markets, has announced a strategic ...

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Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.

Forever 21 has been unable to keep up with Chinese e-commerce giants such as Shein and Temu, especially as online shopping ...

Amazon was reeling. The company’s revenue growth had fallen to its lowest levels in decades, and it was grappling with a ...

Companies are starting to emulate some of the tactics popularized by Instagram, TikTok and Pinterest to help boost sales. One ...

Temu, the online marketplace famous for jaw-droppingly low knockoff items, may seem too good to be true. The unfortunate truth about things that are too good to be true, though? They usually are.

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One person said: “Adds all to cart.” Another added: “Love it! Your home is beautiful!” Never been tempted to shop on Temu until now ...

PDD Holdings, a major Chinese e-commerce firm, owns Temu, launched in the U.S. in September 2022. Temu's app became the most downloaded in the U.S. by March 2023, signaling a strong response.