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Temu leads US downloads amid tariff concerns
Chinese e commerce app Temu, owned by PDD Holdings, has been the most downloaded free app on Apple’s US iOS Store for the second consecutive year.
Since entering the US market in 2022, the app has gained a following by providing low-cost goods shipped from China.
However, Temu faces regulatory challenges in the US.
President-elect Donald Trump has suggested raising tariffs on Chinese imports, which could further threaten Temu’s operations.
Recent Temu developments
| Timeline |
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16-Dec-2024 🛒 Temu’s Vietnam pivot could trigger direct showdown with Shopee
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05-Dec-2024 🚫 Temu suspended in Vietnam due to registration failure: report
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22-Nov-2024 🛒 Temu opens marketplace for US sellers
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01-Nov-2024 📦 Temu faces regulatory scrutiny in Vietnam ecommerce launch
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20-Sep-2024 📈 Temu’s price game not enough for Southeast Asia
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