The launch of Temu and its viral in the US coincided with the holiday shopping season, with "70%-90% OFF" everywhere and plenty of "$0.99 specials" on its website. The discounts cover major categories such as home furnishing, clothing, 3C digital, etc., and the prices of most products...
Reddit Bluesky Apple has been asked by the Indonesian government to block the Chinese retailer Temu from the App Store, to try and protect small businesses in the country. Temu has become a major force in online shopping in a short space of time, thanks to its low-priced inventory. Howe...
While it has its own controversies, it isn’t trying to sell anyone any stock… it sells clothing. And it makes a profit — that’s probably why it’s privately held. If it didn’t make a profit, it wouldn’t have...