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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 on broad tariffs and cross-border postal fees — but anything short of a ...
By all accounts, we’re living in an accelerating age for consumerism, one that Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, its fierce rival, supercharged ...
The Shein website, left, and the Temu site, right, are displayed June 23, 2023, in New York. NASHVILLE, Tenn. — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U ...
The ripple effects of Trump's tariffs are now reaching American consumers. As production costs rise, companies like Shein and ...
The Trump administration has intensified its trade policy efforts, targeting a practice that favored international retailers, ...
Since launching in the United States, Shein and Temu gave Western retailers a run for their money by offering products at ultra-low prices, coupled with avalanches of digital or influencer ...
The exemption, which allows sub-$800 imports into the U.S. to avoid added duties, has long helped Shein, Temu and other e-commerce companies keep prices low when shipping China-made orders to ...
Jumia, a leading African e-commerce platform, is expanding its China-based merchant network to counter rising competition from Temu and Shein, whose app-driven, cross-border models are gaining ground.