China-founded e-commerce sites Temu and Shein say they're raising prices due to tariffsTemu and Shein are set to increase prices for U.S. consumers due to rising operating expenses stemming from changes in global trade rules a...
17 Apr, 2025, 07.40 PM IST
How Trump might unwittingly cut emissions from online shoppingPresident Trump's move to close the de minimis tariff exemption on small packages from China and Hong Kong aims to level the playing field ...
17 Apr, 2025, 10.15 AM IST
India's textile sector set to flourish amid US tariff changesThe Trump administration's imposition of a 26% reciprocal tariff on India is expected to benefit India's apparel and textile sectors, makin...
04 Apr, 2025, 01.44 PM IST
30% levy on US-bound goods: Shein, Temu retailers are latest casualties of trade warApart from imposition of tariffs, Washington has revoked the de minimis rule for China. Under this regulation, small packages with a declar...
07 Feb, 2025, 12.02 AM IST
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese importsTrump Tariff War: A new 10% U.S. tariff on Chinese goods effective Tuesday is set to raise prices for items like electronics and low-cost a...
05 Feb, 2025, 08.03 AM IST
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...
14 Nov, 2024, 08.40 AM IST
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 ...
01 Nov, 2024, 07.16 PM IST
Dollar Tree cuts annual forecasts after dour quarter on weaker demand; shares drop 22%Dollar Tree joined main rival Dollar General in cutting annual forecasts after missing quarterly estimates on Wednesday as the discount sto...
04 Sep, 2024, 08.27 PM IST
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...
07 Dec, 2023, 09.16 AM IST
Amazon targets Shein with big fee cuts for cheap apparel sellersOn Tuesday, Amazon announced it would reduce seller fees on clothing products priced below $15 to 5% beginning in January. The rates on clo...
06 Dec, 2023, 10.13 PM IST
Temu, Shein far lag Amazon as online holiday shopping ramps upShein's website drew 28.6 million unique monthly visitors in October, up 7.25% from a year earlier, according to Similarweb. But visits to ...
23 Nov, 2023, 07.12 PM IST
Shein shifts shipping strategy to bring China-made goods closer to US shoppers, cut wait timeAccording to analysts, Shein would likely continue to expand its bulk shipments to the U.S. in a bid to compete with established retailers ...
24 Sep, 2023, 06.59 PM IST
Pinduoduo-owner PDD beats second-quarter revenue expectations, shares jumpEcommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost pro...
29 Aug, 2023, 04.40 PM IST
Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailersUnder a partnership agreement announced Thursday, the Chinese-founded Shein will acquire about one-third interest in Sparc Group, Forever 2...
24 Aug, 2023, 09.45 PM IST
Price war: Amazon excludes rival Temu from competitive price checksAmazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive...
14 Jun, 2023, 10.57 AM IST
Chinese shopping app Temu wows US amid TikTok fearsTemu topped US app download rankings in early April, a spot it held since January, but its rapid rise comes as platforms with links to Chin...
10 Apr, 2023, 07.58 AM IST
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...
20 Feb, 2023, 11.43 AM IST