EU could target ultra low-cost e-tailers like Shein and Temu with package handling fee or import tax
The European Union is drowning under cheap packages coming from Asian online retailers, starting with ultra low-cost e-tailers AliExpress, Shein…
Tag: Temu
Temu owner’s shares slump as China slowdown hits sales
US-listed shares of the e-commerce giant fell nearly 11% on Thursday following the announcement.
China’s ‘mind-blowingly’ cheap shopping app Temu hits roadblocks in south-east Asia
Known for its deep discounts and viral marketing, the online marketplace has fallen afoul of regulators for threatening the livelihoods…
Amazon launches Temu and Shein rival with ‘crazy low’ prices
The price of products on Haul, which is being trialled in the US, will be capped at $20.