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PDD Holdings reports nearly 50% profit drop in Q1 due to trade tensions and competition.
Temu has stopped shipping from China to the US, opting for local sellers instead, in response to new import tariffs.
The USPS's halt on parcels from China and Hong Kong signals higher costs for Shein and Temu, impacting consumers due to new tariffs.
Duan Yongping praises Temu's marketing success at the Super Bowl, highlighting its rapid consumer traction and innovative business model.
UK lawmakers will question fast-fashion retailers Shein and Temu regarding their labor practices and worker rights in January 2024.
UK lawmakers summon Shein and Temu for a January 7 hearing on labor practices, focusing on their treatment of workers within the supply chain.
Mexico has introduced new tariffs aimed at e-commerce giants like Shein and Temu, set to take effect January 1.
Mexico introduces new tariffs on e-commerce goods, impacting major retailers like Shein and Temu amidst trade concerns.
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