Temu’s daily US users drop 58% in May – Report
Temu, the global discount e-commerce platform owned by China’s PDD Holdings, saw its daily U.S. users drop by 58% in May, according to Sensor Tower. This sharp decline reflects growing challenges for the platform as tensions rise in the U.S.-China trade relationship. Temu cut its U.S. advertising budget and revised its order fulfillment strategy after […]