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Chinese-owned companies Temu and Shein seem to be mainstays in an e-commerce world that was once dominated by Amazon. Believe it or not, though, they don’t belong to the same corporation. In this article, we’ll take a closer look at how and why Temu and Shein are different companies, as well as what they have in common.
Things You Should Know
- Temu and Shein have different inventories. Temu has a wide variety of product listings, while Shein focuses more on clothing.
- Temu and Shein are different companies. Temu is owned by PDD Holdings Inc., and Shein is owned by Chris Xu.
- Temu and Shein both sell items at very low prices thanks to a tax break in American trading law.
Steps
Expert Q&A
Tips
References
- ↑ https://www.sheingroup.com/our-business/our-business-model/
- ↑ https://www.americanmanufacturing.org/blog/why-you-should-be-leery-of-shopping-app-temu/
- ↑ https://www.forbes.com/sites/conormurray/2023/02/17/what-to-know-about-temu-new-chinese-owned-fast-fashion-app-draws-comparisons-good-and-bad-to-shein
- ↑ https://www.reuters.com/business/retail-consumer/how-chinas-shein-became-fast-fashion-giant-2023-11-28/
- ↑ https://www.uscc.gov/sites/default/files/2023-04/Issue_Brief-Shein_Temu_and_Chinese_E-Commerce.pdf
- ↑ https://www.congress.gov/bill/114th-congress/house-bill/644/text
- ↑ https://www.americanmanufacturing.org/blog/why-you-should-be-leery-of-shopping-app-temu/
- ↑ https://apnews.com/article/temu-shein-forced-labor-china-de7b5398c76fda58404abc6ec5684972
- ↑ https://forbes.com/sites/conormurray/2023/02/17/what-to-know-about-temu-new-chinese-owned-fast-fashion-app-draws-comparisons-good-and-bad-to-shein/?sh=3e20b4403f14
- ↑ https://www.ethicalconsumer.org/fashion-clothing/what-fast-fashion-why-it-problem
- ↑ https://www.forbes.com/sites/conormurray/2023/02/17/what-to-know-about-temu-new-chinese-owned-fast-fashion-app-draws-comparisons-good-and-bad-to-shein/?sh=3e20b4403f14
- ↑ https://www.greenpeace.org/international/press-release/56979/taking-the-shine-off-shein-hazardous-chemicals-in-shein-products-break-eu-regulations-new-report-finds/
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