Temu to Open Marketplace to U.S. and European Sellers
Chinese-owned Online Retailer Faces Criticism for Pressuring Sellers and Legal Disputes with Shein
- Temu, the online retailer owned by Chinese e-commerce company Pinduoduo, is planning to open its platform to U.S. and European sellers.
- Temu's app was the most downloaded free application on Apple devices last year, surpassing popular social media platforms like TikTok, Instagram and YouTube.
- The company has been criticized for pressuring sellers to cut prices so low that it's challenging for them to make a profit.
- Temu and China's Shein are responsible for more than 30% of packages shipped to the U.S. daily under a century-old trade exception known as de minimis.
- Temu has been involved in legal disputes with Shein over supply chain arrangements and alleged copyright violations.