Shein and Temu see U.S. demand plunge on 'de minimis' trade loophole closure - NewsBreak
Published 1 day ago• 2 minute read
By Karen Gilchrist, CNBC,
2 hours ago
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de minimis loophole. Temu's U.S. daily active users (DAUs) dropped 52% in May versus March, while Shein's were down 25%, according to Sensor Tower data shared with CNBC. The drop off...
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Northern Kentucky Tribune
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