News

Data from the consultancy firm Bain & Company shows a "sharp drop in sales growth and customer growth rates" for both Temu ...
clarifying that the tariff rate wasn’t reduced to 54%, but still maintaining the $100 fee option. That means many imports of low cost orders from the likes of Temu and Shein have still been ...
Trump killed a trade loophole known as “de minimis” that Temu and Shein used to avoid paying import taxes and slapped them with a 120% tariff – though he effectively lowered that rate to 30% ...
Last November, South Africa's tax authority ended the practice known ... that have given low-cost online platforms like Shein and Temu, owned by PDD Holdings', pricing advantages.
We now have confirmation from local retailers that Temu and Shein are losing their advantage in South Africa due to much ...
Temu and Shein’s business shift from the U.S. to Europe could be at risk as the e-commerce companies encounter familiar ...
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
Both Thunström and Mr Price CEO Mark Blair said it was difficult to get official data to quantify the exact impact on the ...