PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
The move comes after China imposed targeted tariffs on U.S. imports and put several companies, including Alphabet Inc's ...
[Stay on top of transportation news: Get TTNews in your inbox.] Chinese retailers that sell on Shein and PDD Holdings Inc.’s Temu platform say they have been asked by logistics agents to start ...
With that exemption set to be eliminated, companies such as Shein and PDD Holdings Inc.’s PDD Temu could have a more difficult time operating their business models in the U.S. Back To Top ...
Shein, Temu, Amazon Haul Set for Price Hikes as US Shuts Trade Loophole By Arriana McLymore and Helen Reid NEW YORK/LONDON (Reuters) - Shein, Temu and Amazon Haul prices are likely to rise for ...
Temu has previously denied that its growth is dependent upon de minimis. Shein previously told CNBC that import compliance is a "top priority." Shein's executive chairman, Donald Tang, has ...
President Donald Trump’s crackdown on trade could effectively kill the current business models of Chinese companies Shein and Temu (PDD), ...