News

Shopping on Temu for items at bargain prices has been a joy for many customers since the e-commerce giant launched in the US in 2022, but the trade policies recently instituted by President Donald ...
New York Magazine on MSN3d
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 on broad tariffs and cross-border postal fees — but anything short of a ...
Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
"Due to recent changes in global trade rules and ... free apps in the U.S., according to Sensor Tower. Temu average daily advertising on social media has dropped 31% this month.
"Due to recent changes in global trade ... potential downfall of Shein and Temu, pointing to the many accusations of inappropriate labor practices, deceptive marketing and reliance on cheap ...
Without the constant advertising presence, Temu’s and Shein’s apps have fallen ... had cut back on spending because of the changes to the shipping loophole. The company declined to provide ...
REUTERS That strategy change came as the firms rushed ... and 115% in France and 20% in the UK for Temu, according to the data. That advertising push has already helped Shein and Temu secure ...
Temu, which is owned by the Chinese e-commerce company PDD Holdings, said that its operating expenses have gone up “due to recent changes in global trade rules and tariffs.” As of Friday ...
NEW YORK, May 5 (Reuters) - Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market ...