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E-commerce giants Shein and Temu announced in early April that prices would be rising on both platforms in response to ...
Despite Temu and Shein facing Trump’s high China tariffs, e-commerce experts say they are still capable of competing with ...
The "de minimis" trade loophole that allowed cheap packages to come to the U.S. duty-free is closing. Ecommerce customers are ...
The administration's elimination of the so-called “de minimis” loophole has implications for businesses ranging from Etsy ...
Cheap clothing and products from Shein and other Chinese online retailers are getting more expensive as tariffs go into ...
That strategy change came as the firms rushed to prepare for last Friday, when President Trump ended a popular trade loophole ...
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 ...
Fast-fashion giants Shein and Temu have significantly ramped up digital ad spending in Europe as U.S. trade barriers threaten ...
Shein and Temu's ad spending rose the most in France and the UK compared to other European countries. Shein boosted spending 35% in France and the UK, while PDD Group's Temu increased by 40% and 20% ...
Shein's UK daily active users increased 5% and Temu's increased 10%. On a year-to-year basis, Temu increased its ad spending in the UK by 20% and in France by 115%.
The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein's business model in the United States. And yet the e-commerce companies are likely to remain a dominant ...