It reported Temu's sales dipped more than 12% in December 2023 and closer to 5% in January 2024. The company's sales had skyrocketed after it advertised in the Super Bowl.

Temu was initially able to offer its goods so cheaply by exploiting the US “de minimis” rule, which allows shipments valued at under $800 enter the country duty-free.

Temu has sued Shein in the United States, accusing its rival of violating antitrust laws by trying to monopolize suppliers and engaging in other allegedly illegal behavior.

Temu appeared to begin raising some prices last week.But the company in a statement refuted that it is raising prices. “Temu’s pricing for US consumers remains unchanged as the platform ...

Shein accused of "mafia-style intimidation" in new lawsuit from Temu 06:40. E-commerce retailer Temu, known for its spinning coupon wheel and astonishingly cheap items, is accusing fast-fashion ...

Content by Temu. Unlike other fast-fashion apps, Temu offers a much wider range of merchandise across multiple product categories, including fashion, electronics, home goods and more.

E-commerce platform Temu, best known for selling cheap products from China, announced it halted shipments to the U.S. Here's why. What to know 📋 How to talk money 🤑 💸 to your 📩 See top ...

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, major online retailers known for their wildly low prices, said they would raise prices for some products Friday after President Donald Trump imposed hefty tariffs on China, though ...

Hours after the de minimis exemption went defunct, Chinese e-commerce site Temu made an announcement: it was overhauling its shipping model and handling all US sales via US based sellers.