In less than a decade, Chinese e-commerce sites have remade American shopping. A recent analysis by Salesforce found that apps such as Temu, Shein, AliExpress, and TikTok “will account for one ...

This allows importers to avoid customs duties on packages that are less than $800 in value. The retailer Gap, by comparison, paid $700 million in duties on imports in 2022. This both artificially ...

For example, a summer dress sold on Temu for $18.47 will cost $44.68 after $26.21 in import charges are added to the bill, a 142% surcharge, a CNBC analysis shows.

Reuters. FILE PHOTO: People shop at the Shein Holiday pop-up shop inside of Times Squares Forever 21 in New York City, U.S., November 10, 2023.REUTERS/David 'Dee' Delgado/File Photo ...

Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat on broad tariffs and cross-border postal fees — but anything ...

The U.S.-listed shares of Temu parent PDD Holdings Inc. were hit hard in early trading Thursday, after the China-based e-commerce company reported a quarterly profit that missed expectations by a ...

Temu and competitor Shein warned customers about potential price hikes in late April weeks after tariff wars began between the U.S. and other countries, most notably China. Contributing: Kinsey ...

Temu and Pinduoduo parent PDD Holdings Inc (NASDAQ:PDD) reported lower-than-expected fourth-quarter earnings and revenue before the open today, dinged by stiff competition and weak demand in China ...

Analysts predict that increased competition will benefit Nigerian consumers by offering lower prices and a broader range of products. “Temu’s entry could really shake things up and push local ...

This article was originally published in early 2025 and was last updated on June 10, 2025. Tension: South… ...