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Temu faces U.S. user drop of 58% due to tariff changes, pushing it to explore European markets.
Temu, a Chinese e-commerce platform, saw daily U.S. users drop by 58% in May after the end of a loophole that allowed low-value packages to be shipped tariff-free.
This change, along with U.S. tariffs, has forced Temu and rival Shein to raise prices, hurting sales and customer growth.
The platforms are now looking to expand into European markets to offset losses in the U.S.
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Temu se enfrenta a una caída de usuarios estadounidenses del 58% debido a los cambios arancelarios, lo que la empuja a explorar los mercados europeos.