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The end of the de minimis exemption is undermining traffic to two of China’s most popular e-commerce platforms, industry data ...
While international trade continued to flow in May and global air cargo volumes rose +6% year-on-year, market sentiment and ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
Neither Temu nor Shein immediately responded to CNBC's request for comment. The user drop off comes as both Temu and Shein have pulled back on U.S. advertising spend over recent months since the ...
Monthly average user ... impact of sustained investments in the ecosystem as we support merchants and consumers through uncertain times.” As part of a strategy to reduce shipping costs, Temu ...
South Korea has fined Chinese e-commerce giant Temu nearly one million dollars for illegally transferring Korean users' personal information to China and other countries, a data protection watchdog ...
Liu also indicated that the company’s financial results might continue to show the impact ... Temu to significantly reduce its U.S. advertising spend and its share of Google Shopping ads to drop ...
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