Temu, a Chinese e-commerce platform, has come under scrutiny by the Competition Commission of Pakistan (CCP) over alleged ...

Temu, a Chinese e-commerce platform, has come under the radar of the Competition Commission of Pakistan (CCP) over alleged misleading practices that are said to distort the local market.Temu entered ...

Competition comes from rivals like fellow China-founded cut-priced fast-fashion retailer Shein, and as Amazon.com Inc. (AMZN) launched its own Amazon Haul store with products priced at $20 and under.

The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...

Analysts predict that increased competition will benefit Nigerian consumers by offering lower prices and a broader range of products. “Temu’s entry could really shake things up and push local ...

In particular, we estimate that Temu’s revenue growth slowed to 93% from 502% in the second quarter. On a sequential basis, Temu’s revenue growth stabilized at 4% in the quarter from 6% in the ...

Temu did not respond to a request for comment on the drop in U.S. daily users or the headwinds it faces in the U.S. market. Engagement on Temu has dropped significantly following the end of the ...

Reuters. FILE PHOTO: People shop at the Shein Holiday pop-up shop inside of Times Squares Forever 21 in New York City, U.S., November 10, 2023.REUTERS/David 'Dee' Delgado/File Photo ...

After President Donald Trump whacked China with import tariffs up to 145%, Temu began making the added import tax visible to all customers at checkout for products shipped from China — with the ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...