temu

H&M, Shein Explore New Retail Model With Third-Party Brands
H&M, Shein Explore New Retail Model With Third-Party Brands
July 03, 2023  |  Retail

The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops...

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CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
June 12, 2023  |  Connected Economy

The third quarter winds its way into the last few weeks of its final month.   And in the latest weekly showing, the CE 100 Index...

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Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its...

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Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
February 13, 2023  |  Retail

The fast-fashion world’s four-way battle could have a fifth player in Temu. The eCommerce company has been operating in the U.S. since last year but...

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Chinese eCommerce Firm Pinduoduo Launches US Offshoot
Chinese eCommerce Firm Pinduoduo Launches US Offshoot
September 02, 2022  |  eCommerce

Chinese eCommerce company Pinduodo has launched an online shopping site in the U.S. in its first major overseas expansion. According to published reports Friday (Sept....

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