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Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
The end of the de minimis exemption is undermining traffic to two of China’s most popular e-commerce platforms, industry data ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
Editor's note: Click here for the latest on tariffs facing Shein and Temu. Known for selling products ... hike on Chinese tariffs would further impact the de minimis rates. Although China faced ...
But it's not just high-volume, big-value transactions that are at risk, but also direct-to-consumer businesses that have avoided the impact of tariffs for years. Shein and Temu, in particular ...
Supply Lines is a daily newsletter that tracks global trade. Sign up here. Shein Group Ltd. and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs ...
E-commerce companies have been the biggest users of the ... this time,” Temu's statement said. “Were doing everything we can to keep prices low and minimize the impact on you.” ...
“We’re doing everything we can to keep prices low and minimize the impact on you ... experiencing a drop in sales due to tariffs, the AP reports Shein and Temu have cut advertising ...
This is especially true for Temu and Shein, which have been forced to make changes. Brenda Buschle is a crafts maker who creates colorful vases in her home office. She relies on Temu, the direct ...
Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 58% in May due to the impact of tariffs ... that provision for years to drop-ship items directly from suppliers ...
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