Temu denies it was hacked or suffered a data breach after a threat actor claimed to be selling a stolen database containing ...
Launched in late 2022, the ecommerce Temu app has soared to success today, with 167 million monthly active users worldwide. It’s incredibly popular in the US right now: One in every three ...
Since its launch in September 2022, the Chinese shopping app Temu has been gaining share in the global e-commerce market ...
Online fast-fashion giant Shein is suing their rival Temu over copyright infringements— the newest update in the ongoing feud between the two Chinese-linked marketplaces. Shein—which was ...
PDD, which is facing a merchant backlash, plans to support high-quality sellers. Temu parent PDD Holdings' stock plunged after the Chinese e-commerce giant signaled a bleak outlook. PDD stock fell ...
Two Consumer Product Safety commissioners are calling on the agency to investigate whether ecommerce websites like Shein and Temu are compliant with U.S. safety regulations. In a joint statement ...
Chinese e-commerce giant Temu is the latest warning sign that the world's second-largest economy could be headed for a doom loop caused by overproduction and Beijing's industrial planning.
The Biden administration announced on Friday that it was taking new action against Chinese online companies like Temu and Shein. China-founded e-commerce platforms have been accused by the White ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Temu has changed the world of online shopping. Its rapid growth means it rivals Amazon in many markets.
Shares in Pinduoduo (PDD Holdings), the Chinese owner of discount retailer Temu, have plunged by nearly 29 per cent in New York in a move that has wiped $55bn (£41.6bn) off the company’s market value.
HONG KONG -- The saga of Chinese-founded cross-border e-commerce giants continued to heat up this week, with Shein filing another suit against Temu, this time accusing its rival of counterfeiting ...
PDD owns popular online marketplace Temu, and has seen its stock rise almost 22% over the last year. Monday’s plummet comes after the company reported missed earnings and revenue estimates for ...