Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
The Chinese companies Shein and Temu have become wildly popular for their dirt-cheap clothes and gadgets. Hidden behind the trendy bargains, however, rests an ugly truth: these companies are ...
President Trump’s temporary suspension of a popular trade exemption that has in recent years turbocharged China-founded bargain platforms Shein and Temu has rattled the country’s cross-border ...
The company intends to launch its discount storefront, called Haul, in Europe later this year, according to two people familiar with the matter who asked not to be named because the plans are ...
The company has increased spending on marketing and logistics as it competes with Temu for market share. Shein has been approached for comment.
Tariffs on China include a 10% tax, along with closing a loophole that helped boost China-owned brands like Temu and Shein. When a foreign shipment arrives, it goes through customs and gets ...
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