Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.

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 ...

Chinese e-commerce suppliers are adjusting their strategies in response to US President Donald Trump’s tariff hikes and plans ...

For now, Temu and Shein’s strategies to go local signal that both companies have been preparing for these regulatory shifts and are taking steps to soften the impact. While critics argue that ...

Shein’s net profit fell by almost 40 per cent ... the final quarter as it faced growing competition from Chinese rival Temu. The rival company initially aimed for a 2024 IPO in New York, yet ...

The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis loophole.