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US-listed shares of the company were up 1%, after having jumped more than 11% in premarket trading.

Temu-owner PDD tops quarterly revenue estimates

E-commerce company PDD Holdings, which operates low-cost platforms Pinduoduo in China and Temu internationally, beat quarterly revenue estimates today, although net profit fell due to investments to ward off growing competition.

Business • 25 Aug

Shein has grown rapidly by shipping inexpensive products directly to consumers

EU warns Shein of fines in consumer protection probe

The European Union has today urged fast-fashion retailer Shein to respect EU consumer protection laws and warned it could face fines if it failed to address the EU's concerns.

Business • 26 May

UPS faces a sharp downturn in volume from China's Temu and Shein after the US decided that starting May 2 it will collect tariffs on goods that was duty-free up to $800 per individual sale

UPS to cut 20,000 jobs on likely lower Amazon shipments

United Parcel Service's first-quarter profit beat market estimates and the parcel delivery giant said it will cut 20,000 jobs to lower costs in an uncertain economy and in anticipation of weak volumes from its largest customer, Amazon.

Business • 29 Apr

Temu and Shein are two of the biggest advertisers on US social media

Temu, Shein cut digital ads as tariffs end cheap shipping

Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, industry data show, in a blow to tech companies such as Facebook and YouTube.

Business • 17 Apr

The company said that the majority of products will be priced $10 or under, with some costing as little as $1.

Amazon launches service in US to challenge Temu and Shein

Amazon.com has launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said today, as it looks to take on Chinese firms Shein and Temu.

Business • 13 Nov 24

Known for selling heavily discounted products manufactured in China, Temu has its European base in Dublin.

CCPC investigating Temu for possible consumer breaches

The Competition and Consumer Protection Commission (CCPC) is investigating Temu for potential breaches of consumer protection law.

Business • 08 Nov 24

Brussels wants Temu to ensure "products sold on their platform meet EU standards and do not harm consumers"

EU probes shopping app Temu over illegal products

The EU has launched a formal investigation into Chinese-founded e-commerce platform Temu on suspicion the site is not doing enough to stop the sale of illegal products, in a probe that could lead to large fines.

World • 31 Oct 24

The European Commission later this month will suggest scrapping a current €150 threshold under which items can be bought duty free, the FT report says

EU takes aim at Temu & Shein with proposed import duty

The European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu, Shein, and AliExpress, the Financial Times reported today, citing three people briefed on the matter.

Business • 03 Jul 24

Temu will face greater oversight under the EU Digital Services Act

Chinese shopping app Temu faces stricter EU safety rules

Chinese shopping app Temu will have to comply with stringent EU safety rules after Brussels added the company to its list of digital firms big enough to face curbs, an EU official has said.

Europe • 31 May 24

The European Commission said it was aware that Temu's user numbers had exceeded the DSA threshold

Temu likely to face tougher online rules as EU users soar

PDD Group's fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms, Google, Elon Musk's X and TikTok after its average monthly users in Europe rose above a key threshold.

Business • 15 Apr 24

Both firms, which have roots in China, have seen their businesses boom in the US market in recent years.

Temu files new lawsuit against rival Shein

PDD Holdings' international facing discount e-commerce platform, Temu, has filed a lawsuit in a US District of Columbia court alleging rival Shein employed "Mafia-style intimidation" to coerce suppliers that also worked with Temu.

Business • 14 Dec 23

The case is the latest development in a feud between the fast-fashion competitors.

Temu sues rival Shein over US antitrust law

Chinese e-retailer Temu has filed a new lawsuit accusing rival Shein of violating US antitrust law in its dealings with clothing manufacturers, escalating a legal clash for dominance in the fast-fashion market.

Business • 17 Jul 23

Temu