Temu and Shein share a target audience in Gen Z, and the competition has been heating up in recent months, with each company filing lawsuits against the other alleging unfair business practices.

Shares of the highflying, U.S.-listed PDD, parent of Temu, plunged 31% last week after the company unveiled results. The numbers themselves weren’t what spooked the market—they were decent.

Temu, a Chinese e-commerce platform, has come under the radar of the Competition Commission of Pakistan (CCP) over alleged misleading practices that are said to distort the local market.Temu entered ...

Temu files fresh US lawsuit against Shein accusing it of anticompetitive practices as fast-fashion competition heats up South China Morning Post Thu, Dec 14, 2023, 4:30 AM 4 min read ...

Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion sector.

One of the more interesting trends is the shift in consumer spending away from discretionary goods (52-55% in 2023) to consumables, seeing discretionary fall to <50% this year.

Chinese fast-fashion retailer Shein has been hit with a lawsuit by rival Temu, alleging the company has engaged in aggressive an unlawful tactics to try and thwart the competition.

T.J. Maxx has tread carefully into e-commerce, but growing competition from brands like Shein and Temu is posing a major threat to the beloved off-price retailer.

Temu did not respond to a request for comment on the drop in U.S. daily users or the headwinds it faces in the U.S. market. Engagement on Temu has dropped significantly following the end of the ...

Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at ... Temu gear up for 2026 UK trial over copyright and competition claims. By Reuters. November 5, 2024 12:10 PM UTC ...

Temu is an online shopping hub that covers over 250 retail categories. Is it worth your clicks and taps? Here’s everything you need to know about the platform.

Now that Shein and Temu are on the hook for existing duties they once bypassed, plus the new 10% tariff imposed by Mr. Trump, and potentially taxes collected by customs authorities, those added ...