Temu’s daily users in the US reduced by 50 percent after the closure of the ‘de minimis’ loophole
In May, daily users of PDD Holdings’ discount e-commerce platform Temu dropped by 58%, as reported by the market intelligence firm Sensor Tower. This decline is seen as one of the challenges the retailer is facing amid ongoing US-China trade tensions. Following the White House’s decision on May 2 to terminate the “De Minimis” policy, […]
Temu’s Super Bowl ads spark backlash over China-based firm’s lack of forced labor protections
Congressman Young Kim (R-Calif.) is reacting to a new report alleging that U.S. investment firms are supporting the Chinese military and enabling human rights abuses. Fast-fashion retailer Tem’s Super Bowl ad drew ire from members of Congress over the China-based company’s ties to products made using forced labor in Xinjiang and its data-sharing policies. . […]