Temu is a Chinese online marketplace operated by PDD Holdings selling clothing, beauty, electronics, homewares and more at heavily discounted prices. Retail Week provides news, analysis, features and opinion about Temu and the marketplaces sector.
Temu has topped the rankings as the most downloaded iPhone app in the UK in 2024 according to app store data released by Apple.
Exclusive: Aliexpress has emerged as the winner of Brits’ Black Friday shopping sprees as traffic to the Chinese retailer more than doubled this year.
Chinese online marketplace Temu is understood to be recruiting new UK-based suppliers as it ramps up growth in the country and increases pressure on its high street rivals with reduced delivery times.
Amazon has launched a new online service offering low-cost goods in the US which is set to challenge the likes of discount retailers Shein and Temu.
Online retail giants Temu and Shein are set to see their respective growth rates plummet in 2025, according to a report by market research firm Forrester.
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