Sunday, July 30, 2023

China-Founded Rivals Shein and Temu Ramp Up War for American Shoppers

In many respects this seems to be an interesting, developing story!

"Shein and Temu, two of the fastest-growing shopping platforms in the U.S., have taken the gloves off in a globe-spanning fight that accentuates a strong reliance on China that both companies are trying to play down."

"The two companies have slapped lawsuits on each other in U.S. courts, alleging corporate dirty tricks, including bullying suppliers to pick sides and trademark infringement. Less publicly, the dispute is playing out on the ground in China, where most of their supply chains and back offices are. The firms are fighting for suppliers and workers and are demanding long hours as part of a competition to get cheap goods to woo thrift shoppers in the U.S.—their biggest market."

China-Founded Rivals Shein and Temu Ramp Up War for American Shoppers - WSJ

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