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Both Temu and Shein say their growth doesn’t depend on the U.S. exclusion. “We are reviewing the new rule proposals and remain committed to delivering value to consumers,” a Temu ...
New US shipping rules target China's Shein and Temu. The US has proposed rules that would hit many low-value shipments from China with new taxes - a measure aimed at curbing the flood of packages ...
Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). [11] [5] [12] Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.
September 2022. Temu (/ ˈtiːmuː / ⓘ TEE-moo) is an online marketplace operated by the Chinese e-commerce company PDD Holdings. [8][9] It offers heavily discounted consumer goods [10] mostly shipped to consumers directly from China. [11][12] Temu's business model has allowed it to become popular among consumers but has also drawn concerns ...
Attorneys for Shein wrote in the new complaint that at least one Temu employee stole “valuable trade secrets” from Shein that identify best-selling products and internal pricing information.
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