Chinese budget e-commerce app Temu is snatching business from US dollar stores ahead of lucrative holiday season
Temu, the fast-growing Chinese e-commerce platform selling US$4 home decor and US$10 shirts, is successfully taking on US dollar stores including industry leader Dollar General, according to the latest market share data. As of last month, Temu accounted for nearly 17 per cent of market share in the United States within the discount stores categories, … Read more
