Retail

Temu surpass rival Shein in daily shopping app downloads

Temu, a rapidly growing shopping app owned by Chinese e-commerce giant Pinduoduo, has been making waves in the US market since its launch in September 2022.

Temu surpass rival Shein in daily shopping app downloads
Retail

Temu surpass rival Shein in daily shopping app downloads

Temu, a rapidly growing shopping app owned by Chinese e-commerce giant Pinduoduo, has been making waves in the US market since its launch in September 2022. With over 50 million downloads and a market cap of over $120 billion, the shopping platform is on track to challenge Shein, the current leader in the fast-fashion industry.

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