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Shein and Temu pressure push Forever 21 into second bankruptcy
Competition from Shein and Temu Forever 21 has faced competition from two Chinese internet retailers, Temu and Shein. Jamie Salter, the CEO of Authentic Brands, said at a conference a year ago ...
Temu parent PDD’s stock falls as Biden administration goes after trade loophole
The U.S.-listed shares of Temu parent PDD Holdings were down about ... shipments has made it increasingly difficult to target ...
Business Insider20d
Shein and Temu got a taste of what it could be like once de minimis is gone for good
Sales for Shein and Temu slowed after President Donald Trump announced tariffs and de minimis changes. Shein's sales growth dropped significantly. The de minimis loophole remains open — for now.
Temu’s Chinese owner sees revenue growth slow
Chinese e-commerce giant PDD Holdings announced Thursday slower revenue growth for the third quarter running, as the Temu owner confronts trade tensions between Beijing and Washington. The ...
The Star5mon
Indonesia asks Apple and Google to block China's Temu to protect small merchants
JAKARTA (Reuters): Indonesia has asked Alphabet's Google and Apple to block Chinese fast fashion e-commerce firm Temu in their application stores in the country so it cannot be downloaded ...