temu

Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
April 10, 2025  |  Economy

Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview...

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Shein and Temu Face Massive Roadblock With New Package Duties
Shein and Temu Face Massive Roadblock With New Package Duties
April 09, 2025  |  Retail

New tariffs on low-value packages from China could hinder the plans of Shein and Temu. As the Financial Times (FT) reported Wednesday (April 9), the White House...

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China Opposes Shein’s Plans to Shift Production Overseas Amid US Tariffs
China Opposes Shein’s Plans to Shift Production Overseas Amid US Tariffs
April 08, 2025  |  eCommerce

China has reportedly opposed Shein’s plans to move some production outside the country. It’s part of an effort by the Chinese government to avoid manufacturers...

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Temu Partners With Nuvei to Expand Access to Local Payment Methods
Temu Partners With Nuvei to Expand Access to Local Payment Methods
February 28, 2025  |  Payment Methods

Global online marketplace Temu has partnered with Canadian FinTech company Nuvei to provide Temu customers worldwide with greater access to local payment methods. With this integration, Temu customers can...

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Shein and Temu Aim to Move Production to Avoid US Tariffs
Shein and Temu Aim to Move Production to Avoid US Tariffs
February 14, 2025  |  International

Amid uncertainty around U.S. tariffs, Shein and Temu are reportedly working with their suppliers to move production out of China. The eCommerce firms are doing...

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Temu Switches Supply Chain Management Style Following Trump Tariffs
Temu Switches Supply Chain Management Style Following Trump Tariffs
February 11, 2025  |  eCommerce

eCommerce giant Temu is reportedly overhauling its Chinese supply chain following new U.S. tariffs. In a change that could lead to higher prices, the shopping...

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Trump’s Tariffs to Eliminate ‘De Minimis Exemption’ on Small Packages
Trump’s Tariffs to Eliminate ‘De Minimis Exemption’ on Small Packages
February 02, 2025  |  eCommerce

The additional tariffs imposed by President Donald Trump on China, Canada and Mexico reportedly include a provision that will eliminate a longstanding rule that allows...

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Apple: Temu Remains App Store’s Most Downloaded Free App
Apple: Temu Remains App Store’s Most Downloaded Free App
December 16, 2024  |  Mobile Applications

Temu was the most downloaded free app in Apple’s App Store in 2024, Apple said Monday (Dec. 16). The app earned that ranking across iPhone...

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FCA Chief Appears to Pave Way for Shein UK IPO
FCA Chief Appears to Pave Way for Shein UK IPO
December 03, 2024  |  IPO

Great Britain’s financial regulator has reportedly opened the door for Shein to go public there. While not mentioning the eCommerce retailer by name, Nikhil Rathi, chief executive of...

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