It has also diversified geographically — limiting the impact of tax loophole closures. The US accounts for less than half of Temu’s global GMV, compared with 100 per cent three years ago, when the app ...

The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis loophole.

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

Nestled within the order is a brief but important provision that could change how Americans shop online: the closing of a ...

President Donald Trump’s crackdown on trade could effectively kill the current business models of Chinese companies Shein and Temu (PDD), delivering a huge boost to Amazon (AMZN) in the process.

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

After traders sold off global technology stocks en masse Monday on news of a Chinese artificial intelligence competitor, some ...

PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.

SHANGHAI, Feb 6 (Reuters) - The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu ...