Temu's Win Over Shein in the US Is Hurting Its Bottom Line

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(Bloomberg) -- Temu’s transformation over the past year is the stuff of business dreams.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit With More Strikes While Stellantis Reaches Deal With UAWCanada Plans College Crackdown Amid Foreign Student TroublesVirtually unknown when it launched in the US last September, it’s now well and trul
(Bloomberg) -- Temu’s transformation over the past year is the stuff of business dreams.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit With More Strikes While Stellantis Reaches Deal With UAWCanada Plans College Crackdown Amid Foreign Student TroublesVirtually unknown when it launched in the US last September, it’s now well and trul
(Bloomberg) -- Temu’s transformation over the past year is the stuff of business dreams.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk