According to CNBC and Digi24, daily active users (DAUs) for Temu dropped 52% in the US during May compared to March, while ...

The end of the de minimis exemption impacted U.S. user growth for SHEIN and Temu, with efforts now focused on onshoring and ...

Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...

Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...

PDD Holdings is facing growing pressure as its Temu platform loses users due to recent U.S. trade policy changes that removed ...

US users of Chinese discount e-commerce platform Temu fell 58% in May following the White House’s elimination of the “de ...

pCenter for Innovative Care in Aging, Johns Hopkins University, Baltimore, MA, USA qDepartment of Psychiatry and Behavioral Sciences, Johns Hopkins University, Baltimore, MA, USA rDepartment of ...

The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.

PDD Holdings on Tuesday said its first-quarter revenue rose 10% from a year earlier to 95.67 billion yuan, equivalent to $13.31 billion. That marked its slowest top-line growth since the first quarter ...

Analysts have expressed concern about the company’s ability to stop the decline in paying users, with some projecting that net payer losses could double in Q1 2025 compared to Q4 2024. This trend has ...