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The Latest Breaking News from Temu

Temu denies data breach — but hacker claims to have leaked 87 million strong database

Claims of a breach are "categorically false", Temu says, despite hacker posting a database on BreachForums.

TechRadar

White House says Congress has to act on 'de minimis' tariffs - Roll Call

The White House, having moved to narrow the use of a tariff exemption on small orders, says Congress still has to legislate on the matter.

Roll Call

US Crackdown On Tax-Free Imports Hits Temu, Shein Hard

Shein and Temu downplayed the impact of the crackdown on their business, stating that their growth doesn't depend on the tax-free policy.

International Business Times

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China Rejects US Tariff Hike And Pledges To Safeguard Businesses

China urged the US to immediately correct and lift all tariffs imposed on Chinese goods.

International Business Times

Biden Targets Temu With Import Rule. Impact Could Go Beyond PDD Stock.

PDD stock fell after the Biden administration announced rules targeting the "abuse" of the de minimis exemption.

Investors Business Daily

IBD Stock Of The Day Sea Ltd. Has Rallied 90% As It Squares Off With Temu, TikTok

Sea stock is the IBD Stock Of The Day. Analysts are increasingly confident the Shopee parent can defend its e-commerce share.

Investors Business Daily

Croissant-shaped lamp on Temu discovered to be actual pastry

Just when you thought you’ve seen it all on TikTok...

Evening Standard

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Someone Bought a Temu “Croissant Lamp” That Ended Up Being an Actual Croissant

One of the wildest online shopping stories we’ve heard — plus, 9 food-shaped table lights that are definitely not edible

Livingetc

US Regulators Warn About Deadly Baby Products On Shein, Temu

International Business Times

Pls Pray For This TikToker Who Took A Bite Of A Temu Croissant Lamp To Confirm It Was Pastry

A TikToker has gone viral for taking a nibble out of her croissant-shaped lamp she received from Temu after suspecting it was a real croissant.

Pedestrian.tv

Aussie Designer Calls Out Temu For Stealing Her Art — But What Can Artists Do To Stop This?

Aussie designer Laura Sissons has called out Temu for stealing and reselling her artwork, but what can she do to prevent it continuing?

Pedestrian.tv

Stunned Woman Takes A Bite Out Of Her Temu Croissant Lamp, Turns Out “It’s Literally Food”

A woman took a bite out of her Temu croissant lamp and found out it was a real, literal croissant. The post Stunned Woman Takes A Bite Out Of Her Temu Croissant Lamp, Turns Out “It’s Literally Food” first appeared on Bored Panda.

Bored Panda

Temu parent tops Tesla with biggest cash pile of any public company that doesn’t pay investors

PDD Holdings, the parent company of Chinese e-commerce giants Temu and Pinduoduo, has a cash pile that totals $38 billion, according to the FT.

Fortune

Temu's woes are fresh signs of the doom loop headed for China's economy

"As a result, the Chinese economy runs the risk of getting caught in a doom loop of falling prices, insolvency, factory closures, and, ultimately, job losses."

Fortune

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Fortune

China fast-fashion retailer Temu soared like a rocket for two years—in just a few hours, its parent company lost more than $50 billion in market value

PDD Holdings is still scaling incredibly, but growing competition and regulatory worries are clouding the company’s outlook for future quarters.

Investors Business Daily

Dow Jones Closes Higher, But Nasdaq Tumbles; Elon Musk Makes This AI Boast As Tesla Skids (Live Coverage)

The Dow Jones Industrial Average closed higher in a mixed day for the stock market Monday.

Investors Business Daily

PDD Stock Dives On Revenue Miss. Temu Parent Says Competition Intensifying.

PDD stock tumbled after the Pinduoduo and Temu parent reported slower-than-expected revenue growth, saying competition is intensifying.

The Independent UK

Shein sues Temu over copyright infringements as the legal feud between the two companies heats up

Online fast-fashion giant Shein is suing its competitor Temu once again, accusing the China-founded shopping platform of stealing its designs, product images and engaging in other types of fraud

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Latin Times

US Officials give Temu hard deadline to address slave labor accusations, alleged ties to China Communist Party

Temu was given 30 days to respond to questions by the attorneys general letter

Fortune

The problem with the war against Temu and Shein

Politicians on both sides of the aisle agree that Chinese e-commerce companies Temu and Shein must be stopped. The arguments for why, don't always hold up.

International Business Times

Seoul Authorities Find Toxic Substances In Shein And Temu Products

Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said Wednesday.

Investors Business Daily

E-Commerce Giant Nears Buy Point Amid 185% Growth In Earnings

PDD is near a buy point and holds a strong record of accelerating sales and earnings growth. PDD operates online e-commerce platforms.

International Business Times

E-commerce Tycoon Huang Tops China's Rich List

E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful algorithms.

International Business Times UK

Temu Office Mobbed By Chinese Suppliers Saying Westerners Get Free Products When They Demand For Refunds But Never Return Items

Chinese suppliers staged a protest at Temu headquarters, demanding changes to the company's refund policy.

TechRadar

A big Amazon ruling means it now has to recall over 400,000 dangerous or faulty third-party products in the US

The US's CSPC has found Amazon responsible for hazardous products sold by third-party sellers through its website.

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