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Chinese startup Temu surpasses rival Shein in May US sales

This time last year, hardly anyone in the U.S. knew what Temu was. Now, as American consumers grapple with runaway inflation, the bargain shopping app backed by a Chinese tech company is on a tear, with sales exceeding rival Shein. Shein Group Ltd. is No. 36 in the Asia Database. The database is Digital Commerce […]

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