Shein and Temu are spending ... from their biggest market, according to a report. The race to ramp up spending last month in Europe was most significant in France and the UK, where Shein boosted ...

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 intelligence firm Sensor Tower showed, a ...

PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...

A large portion of these were to the U.S., and in 2023, Shein and Temu together accounted for 17% of the U.S. discount market ... Chinese tariffs would further impact the de minimis rates.

Major retailers have welcomed the government's review of a rule that allows small parcels to enter the UK duty-free, saying it gives overseas firms such as Shein and Temu an unfair advantage over ...

Shein and Temu are set to raise their prices later this ... “We’re doing everything we can to keep prices low and minimize the impact on you,” both statements read. “Our team is working ...

But it's not just high-volume, big-value transactions that are at risk, but also direct-to-consumer businesses that have avoided the impact ... the U.S. market, with Shein and Temu being the ...

A large portion of these were to the U.S., and in 2023, Shein and Temu together accounted for 17% of the U.S. discount market, according to the same report. With such a large portion of American ...