President Donald Trump signed a memo Thursday directing his administration to start determining what level of reciprocal ...
PDD Holding’s (PDD) e-commerce platform, Temu, and a privately held online retailer, Shein, have recently seen a major drop ...
The Chinese companies Shein and Temu have become wildly popular for their dirt-cheap clothes and gadgets. Hidden behind the trendy bargains, however, rests an ugly truth: these companies are ...
Shein’s US sales fell 16% to 41% for five days from Feb. 5 while PDD Holdings Inc.’s Temu notched a fall of as much as 32% during the period, according to Bloomberg Second Measure, which ...
BEIJING - Online shopping giants Temu and Shein have seen a sustained drop in sales in the week after US President Donald Trump scrapped a duty exemption that their small parcels benefit from ...
Waynesboro, Ga USA – 07 01 21: Dollar General retail store street sign “We think Temu and Shein together worldwide are a $100 billion threat effectively to retailers,” John Mercer ...
The cancellation of a minimum exception for inspections and tariffs on shipments from China threatens some online shipping giants like Shein and Temu.
Temu and rival Shein, both China-founded businesses that exploded off US consumers’ demand for cheap goods, are racing to blunt the impact of Mr Trump’s removal of a duty-free exemption for ...
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