The fast-growing Chinese e-commerce companies are changing tack as challenges to their cheap import models multiply.
Credit: Lindsey Nicholson/UCG/Universal Images Group via Getty Images
Be it a dress for $9.99, a pair of earrings for $2.99, or even absurd items like a croissant lamp for less than $10, Temu and Shein have made their names by selling clothes and household items at dirt cheap prices, rising to challenge global e-commerce giants like Amazon in the process.
The Biden administration announces a new rule on de minimis. Credit: Whitehouse.gov
The two Chinese companies owe much of their whirlwind success in the U.S. and elsewhere to exploiting customs loopho
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