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TEMU EXPANDS
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....- Chinese ecommerce giant JD.com launches Joybuy in Europe, targeting AmazonJD.com wants to internationalise its business and last year agreed to buy German electronics retailer Ceconomy, owner of the MediaMarkt a...
- Amazon takes low-cost ecommerce service globalAmazon on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a...
- How the end of de minimis exemption will impact U.S. shoppers and businessesThe Trump administration ended duty-free imports for packages under $800. This move impacts online retailers and consumers. Shipments from ...
- PDD Holdings stock soars 12% on $14.5B revenue beat — profit slips, but is Temu’s long-term growth story just getting started?PDD Holdings Q2 2025 shows steady revenue growth but tightening profits as Temu and Pinduoduo face rising costs. Total revenue hit ¥103.98 ...
- Chinese ecommerce platforms to end refund-without-returns amid weak economyThe government met operators including PDD Holdings and concluded the practice must end by July, from which point only merchants will be ab...
- What to know about changes in a trade loophole for online goodsPresident Trump has eliminated the de minimis provision, affecting low-cost product shipments from China and Hong Kong. This move targets e...
- Trump's de minimis cancellation is bad news for Temu, but worse for SheinThe Trump administration's decision to stop low-cost imports from entering the U.S. tariff-free is affecting retailers Shein and Temu. Temu...
- Vietnam parliament moves to curb tax breaks favouring ecommerce giantsThe move by legislators will be a blow to the foreign-dominated e-commerce industry, which has benefited from VAT exemption and rules in pl...
- Amazon launches an online discount storefront to better compete with Shein and TemuIn a blog post on Wednesday, the company said the new Amazon Haul storefront will mostly feature products that cost less than $10 and offer...
- Amazon's plan to tackle Temu, Shein? Sell more toothpastePeople are shopping more frequently at Amazon, adding more low-priced items with each checkout, Amazon said on Thursday, after it reported ...
- Indonesia asks Apple, Google to block China's Temu to protect small merchantsThe move was intended to pre-emptively protect the country's small and medium-sized businesses against cheap products being offered by PDD ...
- Why do billionaire traders don't eye Nvidia? They aim to bag these shares instead. Details hereThe biggest traders of world stock markets don't chase chipmaker Nvidia, they aim to buy the stocks of companies like Alibaba, JD.com, Kran...
- South Korea probes data protection by ecommerce platforms like AliExpress, TemuThe Personal Information Protection Commission said it has been investigating overseas ecommerce platforms since last month, after a parlia...
- Chinese ecommerce platform Temu drawing shoppers from US dollar storesAs of last month, Temu accounted for nearly 17% of the market share in the United States within the discount stores categories, according t...
- Shein targets up to $90 billion valuation in US IPOIn private trades, Shein’s valuation has dropped below the $66 billion it got in a funding round in May, the people said. Stakes that have ...
- Pinduoduo-owned ecommerce platform Temu expands to JapanThe marketplace, the sister site of Chinese discount ecommerce platform Pinduoduo, ships everything from clothing to electronics and home g...
- Fast-fashion giant Shein plans Mexico factoryShein was founded in China and manufactures most of its products there, but is seeking to diversify. The company sells $10 dresses and $5 t...
- US hits at Chinese 'fast fashion' apps that outpace Zara, H&MThe US government has accused Chinese-backed 'fast fashion' digital platforms Shein and Temu for data and other business practices risks, a...
- China-linked online superstore pips Amazon, Walmart to become most downloaded app in USTemu, which runs an online superstore for virtually everything -- from home goods to apparel to electronics -- unveiled a commercial during...
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