News

Shein Group Ltd. and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of ...
Since May 2, 2025, the US ended a customs rule that allowed Chinese platforms like Shein, Temu and AliExpress to flood the ...
Chinese e-commerce giants Shein and Temu are scaling back sales in the North American market as rising tariffs and new trade ...
PDD (PDD) shares are plunging as sales of Chinese online retailers Temu — which is owned by PDD Holdings — and Shein dropped ...
China-based Temu and Shein, two of the most disruptive new entrants in recent U.S. e-commerce history, are preparing for a ...
The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein’s business model in the United ...
The shopping company, owned by billionaire Jeff Bezos, had only operated the mobile-shopping experience Haul in the US since ...
The Chinese government has leverage over the two firms. Although Temu has grown quickly, PDD, its parent company, remains ...
If you shop for bargain items on Temu or Shein, brace yourself -- US tariff changes have sent prices soaring. In late April, ...
The 'de minimis' tax rule allowed imports from China and Hong Kong that are worth under $800 to enter the US duty-free - but ...
Shein boosted spending 35 per cent in France and the UK, while PDD Group's Temu increased by 40 per cent and 20 per cent ...
NEW YORK, May 5 (Reuters) - Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market ...