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Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared with March, according to market intelligence firm Sensor Tower, one of many headwinds the e ...
Temu is a low-cost online marketplace that has had the temerity to achieve popularity with American buyers while also being Chinese. In response to Temu’s achievements in the world’s most ...
business Retail. Temu loses half its U.S. customers with end of importing loophole The end of the “de minimis” practice was a big hit for Chinese e-commerce platforms Temu and Shein.
Temu did not respond to a request for comment on the drop in US daily users or the headwinds it faces in the US market. Engagement on Temu has dropped significantly following the end of the ...
Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to market intelligence firm Sensor Tower, one of many headwinds the e ...
SHANGHAI/NEW YORK >> Daily U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the ...
Temu’s impact on the e-commerce industry has been widely recognized. It was named “eCommerce of the Year” at Spain’s eAwards 2025 and ranked among the top 10 platforms at the Ecommerce ...
Temu and Shein are pivoting to Europe as their business in the U.S. takes a major hit from unfavorable trade policies. But the China-founded budget e-commerce apps may not receive a warm reception ...
Daily U.S. users of PDD Holdings’ PDD-Q global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is ...
As Temu and Shein suffer from tariffs in the U.S., the companies have been shifting focus to Europe, where their sales grew in May, according to consumer trend data from Consumer Edge.
SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to market intelligence firm Sensor Tower ...
Temu parent is using coupons, lower fees to help smooth the costs of Trump’s tariffs PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.