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USA-OR-WILLAMINA Azienda Directories
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Azienda News:
- Chinese Tech Giants Have Big Ambitions in Brazil - The New York Times
Chinese e-commerce giants also see promise in Brazil as they seek new buyers for a flood of products after tariffs and other restrictions in the United States shut off their biggest export market
- Shein, Temu Go Aggressive on Europe Expansion as US Tariffs Hit
Chinese e-commerce giants Shein and Temu are chasing an aggressive expansion in Europe as they chart a shift away from the United States in the face of giant tariffs levied by President Donald Trump The two fast-fashion platforms have boosted their spending on digital ads in Europe in April, with a major focus on France and the United Kingdom
- Shein and Temu cut U. S. ads, expand in Europe and Brazil after tariff . . .
Both brands are cutting back on advertising in the US in light of the new trade measures Temu’s ad spending on popular networks like Facebook, Instagram, TikTok, and YouTube fell by 31%, while Shein’s spending fell by 19%, according to Sensor Tower data
- Temu, Shein pivot to Europe to bypass US tariffs
Chinese-founded budget e-commerce platforms Temu and Shein have been increasing their presence in European markets as their sales decline sharply in the United States Consumer spending on Temu in the US fell by approximately 36% in May compared to the previous year, while Shein’s spending dropped by 13%, according to data from Consumer Edge
- Why Chinas Temu and Shein are Europes new trade threat
Though lower than the US limit, the EU's €150 ($170) exemption hasn't slowed Temu and Shein's explosive growth In 2024, 4 6 billion low-value parcels flooded the EU market — a doubling
- Techmeme: A look at Temu, Shein, Meituan, and other Chinese companies . . .
A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe — Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names …
- Chinese tech giants chase expansion in Brazil amid global trade . . .
Temu, the international arm of the Chinese e-commerce firm Pinduoduo, started selling products to Brazilians last year Temu’s main gimmick has been to tell shoppers that they are getting items at steep discounts, often 70 per cent or more
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