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Yes, Temu is a legitimate e-commerce platform that offers consumers an extensive catalog of products at competitive prices. The company works with a network of reputable manufacturers and ...
Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of ...
While Temu has more than 11m monthly users, the products’ prices begs the question of how similar it could be to Shein, an online fast-fashion brand for women known for its cheap prices.
The U.S. government stressed that Chinese e-commerce sites have abused the exemption to sell cheap clothing and textiles to Americans, possibly harming domestic workers and companies. Ending it could be a blow to Chinese-founded companies such as Temu and Shein that compete by keeping their prices low and might now have to face additional scrutiny.
The relaxed restrictions and tax exemptions on cheap products has allowed more than a billion packages to pour in at a low-cost price for consumers looking for a deal on clothing to household goods.
He said Temu had opened the door to overseas e-commerce for him and a “huge number” of other Chinese sellers by taking care of everything once their items arrive at a company warehouse in China.
Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores including industry leader Dollar General, according to the ...
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