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Chinese e-commerce giant Temu has quietly launched a warehouse in South Africa, accelerating delivery times and sparking ...
This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Shein and Temu are set to raise their prices later ...
Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% Tuesday morning after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit.
Shein and Temu said in nearly identical notices to customers this week they would increase prices on goods, though they did not specify how much more expensive certain items would become.
PDD Holdings Inc. stock falls in premarket after reporting fiscal Q1 2025 results, missing revenue estimates and experiencing a decline in profitability due to investments in platform ecosystem.
Consumer Temu shoppers aren't seeing increased price hikes from tariffs, but there's a catch It's because the company transitioned it's U.S. operations to a local fulfillment model.
E-commerce companies Shein and Temu, both of which ship form China, are two of many retailers that have raised prices thanks to tariffs.
Shein and Temu have announced price increases starting next week as a result of tariffs placed on Chinese imports. (AP Photo/Richard Drew, File) AP ...
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import loophole.
Online shoppers are experiencing sticker shock as tariffs drive up prices on popular shopping apps like Shein and Temu.
Your favorite T-shirts, dresses and cheap appliances from Shein and Temu just got pricier because of President Trump’s tariffs. The Chinese web retailers on Friday hiked prices to offset a 120% ...
The e-commerce price hikes follow the Trump administration's decision to impose a 145 percent tariff on goods shipped from China.