Sources: the US accounted for 60% of Temu's GMV in 2023, but the company hopes to reduce the share to as low as 30% by 2025, as US anti-China hostility grows (Jing Yang/The Information)

Jing Yang / The Information:
Sources: the US accounted for 60% of Temu's GMV in 2023, but the company hopes to reduce the share to as low as 30% by 2025, as US anti-China hostility grows  —  jing@theinformation.com Profile and archive  —  As Chinese shopping site Temu faces mounting hostility toward Chinese companies …

from Techmeme https://ift.tt/GDtYjBI