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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 ...
Shein also suffered a steep decline in US spending growth, cooling from 30% at the start of April to just 20% at the end. 4. Temu saw its spending growth among US customers plummet in April.
Shein and Temu see U.S. demand plunge on ‘de minimis' trade loophole closure By Karen Gilchrist, CNBC • Published June 5, 2025 • Updated on June 5, 2025 at 1:04 am BOOKMARKER ...
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump's tariffs on Chinese imports and the closure of the de minimis loophole ...