Trump levied an additional 10% tariff on all good imported from China. The country said it would impose retaliatory tariffs ...

Experts said while Temu can more easily deal with short-term disruptions, Shein's manufacturing strategy may help it in the ...

Temu, the global e-commerce platform known for affordable products, was the most downloaded shopping app worldwide in 2024, ...

Chinese retailers that sell on Shein and PDD Holdings Inc.’s Temu platform say they have been asked by logistics agents to ...

Both sites grew exponentially in the U.S. in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than $800 from import duties. A June 2023 report ...

The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...

Shein and Temu shifted more of their orders to be fulfilled in the US ahead of de minimis changes.

President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...

Since the launch of DeepSeek's latest R1 AI model last week, the company's app has surged to the top ... [+] of the Apple App Store download charts—overtaking OpenAI's ChatGPT. The tech-centric ...

TL;DR: Chinese AI company DeepSeek's AI assistant is now the top free app on the Apple App Store, surpassing ChatGPT. Its R1 model, costing $5.6 million to train, competes with OpenAI's o1 model ...

TL;DR: DeepSeek, a Chinese AI lab, utilizes tens of thousands of NVIDIA H100 AI GPUs, positioning its R1 model as a top competitor against leading AI models like OpenAI's o1 and Meta's Llama.

An ongoing surge of U.S. retail closures is expected to persist in 2025 as legacy companies face relentless competition from eCommerce platforms Shein and Temu. Coresight Research, a firm ...