PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
Related Posts
Buy Alphabet as new quantum chip leads to innovation, increases Google’s ‘tech moat,’ Bank of America says
The new Willow quantum chip could be a long-term tech moat for Google, the bank said.
IMF chief warns ‘not yet time to celebrate’ as low growth and high debt weigh on global economy
The head of the International Monetary Fund cautioned on Thursday that high government debt and low growth remained major impediments to the global economy.
Why Amazon sellers and retailers are flocking to TikTok Shop despite looming U.S. ban
Despite a looming ban, TikTok is making inroads in e-commerce, poaching both talent and sellers from Amazon.