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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 ...
E-commerce giants Shein and Temu announced in early April that prices would be rising on both platforms in response to changing trade policy between the U.S. and China. In nearly identical notices ...
There are just four days left before Chinese e-commerce sites Shein and Temu will raise prices due to recent tariff increases. Both companies issued recent notices announcing the price increases ...
Shein and Temu, major online retailers known for their wildly low prices, said they would raise prices for some products Friday after President Donald Trump imposed hefty tariffs on China ...
If you’ve ever opened TikTok and found yourself 27 videos deep into a “Temu haul” or a “Shein wig try-on,” you may want to tap in. For many of us, Shein and Temu aren’t just apps ...
In nearly identical statements, Shein and Temu said their operating expenses had gone up due to “recent changes in global trade rules and tariffs.” Those price changes started April 25 ...
Temu, owned by China's PDD Holdings, and Shein, now headquartered in Singapore, issued nearly identical statements on their websites, pointing to "recent changes in global trade rules and tariffs ...
“Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. On Friday, the two companies raised prices on many goods in advance of new tariffs set to take effect next wee ...
Temu and Shein have just found themselves in a strange spot in the new 90-day reprieve in the trade war with China. President Trump has loosened the tariffs to 30% (down from 145%) as part of a ...
Shein and Temu are spending more on advertising in Europe – and sharply pulling back in the US – as President Trump’s tariffs effectively block the Chinese fast-fashion firms from their ...