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One of our favorite drugstore cream eye shadows, the e.l.f. Cosmetics No Budge Eye Shadow Stick ... the rise in popularity of retailers like Temu and Shein, China has also built up the ...
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 ...
Temu continued to suffer double-digit sales drop in the US as the online marketplace cut spending on advertising, adding to a slump caused by tariff-induced hike in product prices since April. The ...
Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% on Tuesday after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit. The dismal quarterl ...
Budget shopping site Temu, owned by Chinese online retailer PDD Holdings, is resuming direct shipments from China to the US, after Washington and Beijing agreed on a framework for a trade deal.
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 ...
The next, you’re not just collateral damage in a trade war — you’re Temu, a specific target marked for destruction. What do you do? Quite a few things, and quickly. You and your sellers ...
SHANGHAI/NEW YORK, June 2 (Reuters) - (This June 2 story has been corrected to fix the percentage of daily US Temu users lost, in the headline and paragraph 1) Sign up here. Temu decided to slash ...
Meanwhile, a tit-for-tat tariff escalation between the U.S. and China, followed by a temporary 90-day de-escalation, has generated widespread uncertainty for global business Temu. "Radical change ...
Meanwhile, a tit-for-tat tariff escalation between the United States and China, followed by a temporary 90-day de-escalation, has generated widespread uncertainty for global business Temu.
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, underscoring how trade tensions between Beijing and Washington are taking a toll ...