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The Latest Breaking News from Temu

Online retailer Temu sues rival Shein, alleging ‘mafia-style intimidation’

Chinese-owned e-commerce firm reignites acrimonious legal battle and alleges Shein ‘bullied and intimidated’ suppliers

The Guardian - US

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Fortune

Why Chinese E-Commerce Giant Temu's Challenge To Amazon Is Boosting Meta

Temu's big spending on Facebook and Instagram ads has captured the attention of Meta stock analysts on Wall Street.

Investors Business Daily

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Weapons banned in UK apparently found on shopping app Temu

Which? says it bought age-restricted knives and axes without checks from sellers on China’s answer to Amazon

The Guardian - UK

First Thing: Netanyahu says Israel not seeking to occupy Gaza

Prime minister appears to soften statement that Israel could be responsible for Gaza’s security indefinitely. Plus, what has turned a pond in Hawaii bright pink?

The Guardian - UK

Viral shopping app challenges Amazon, Walmart and Dollar General

Five Below, Dollar Tree and even Ollie's Bargain Outlet, which has a very devoted fanbase, could also see an impact from a fast-growing rival.

The Street

Asos has gone from being an iconic comfort brand to a fast-fashion also-ran. What happened?

Asos has an identity crisis – and, with post-pandemic inflation, its product and business model have become unsustainable, says freelance writer Sophie Benson

The Guardian - UK

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‘Sexual’ Temu online shopping adverts banned by UK authority

One of Chinese e-commerce app’s ads appeared on British news site ‘portraying child in sexual way’

The Guardian - UK

Shopify To Report With Flexport Deal, Temu, Shein Apps In Focus

Shopify reports Q3 earnings early Thursday. SHOP stock has gained 32% this year but has retreated from a 52-week high of 71.53 set on July 14.

Investors Business Daily

Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person

Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

Fortune

Is Amazon Stock A Buy As Tech Giant's Shares Approach July Highs?

Amazon stock started strong in 2024 but sold off to close the summer. The stock is hovering just below record July highs.

Investors Business Daily

Amazon Still Has A Big Lead Among Teen Shoppers, Despite Challenge From Temu

Amazon is still the preferred retailer of Gen Z shoppers, despite growing concerns about competition from Temu and Shein.

Investors Business Daily

Addictive, absurdly cheap and controversial: the rise of China’s Temu app

Temu’s meteoric growth – and its astronomical marketing budget – has experts asking whether its business model is sustainable

The Guardian - AU

Temu App Owner Forming Base As User Growth Explodes

Temu app parent company PDD Holdings' stock is forming a new base on its chart. The app is being rolled out across the globe.

Investors Business Daily

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The Canberra Times

These Canberrans are working towards a future without fashion waste

Which is more sustainable? Op-shops, renting or buying less?

Fortune

TikTok's plans to conquer the U.S. shopping market gets mixed reviews

TikTok's newly launched Shop platform hopes to eat into Amazon's retail business as easily as it did with Facebook's social media. But a plethora of cheap wares and worries about data could hamper its chances.

The Conversation

Temu: China's answer to Amazon is already Australia's most popular free app. What makes it so addictive?

If you spend much time online you’ve probably seen one of Temu’s colourful ads – punctuated by its catchy tagline: “shopping like a billionaire”.

Investors Business Daily

PDD Holdings Jumps 15% On Earnings Beat; Revenue Up 66%

PDD stock jumped more than 15% Tuesday after the e-commerce company reported earnings that easily topped Wall Street analyst estimates.

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news in one place.

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The Independent UK

Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers

Fast fashion retailers Shein and Forever 21 are going into business together

Investors Business Daily

Temu Shopping App Gets Wall Street's Attention; Will Amazon Prime Members Stay Loyal?

Shopping app Temu is taking off in the U.S., a development being monitored by analysts that follow Amazon.com.

TechRadar

I bought a $15 dupe of the Razer BlackWidow V3 keyboard – and it belongs in the landfill

Yes, the Razer BlackWidow V3 is expensive, but you’re better off saving up money for it than going super cheap instead.

The Street

TikTok Shop Is Launching in the US Market in August

Move over, Temu.

Creative Bloq

I made my first order on Temu and this is how it went

Can we trust this new ecommerce app?

The Guardian - US

Fast fashion giant Temu accuses Shein of starting ‘war’ over US markets

Standoff between Chinese ultra-fast fashion brands escalates with lawsuit claiming Shein created exclusive manufacturing contracts

The Independent UK

Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations

Chinese e-commerce retailer Temu has filed a lawsuit accusing its rival Shein of violating U.S. antitrust law by blocking clothing manufacturers from working with Temu

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