Sensor Tower: Temu's US DAUs fell 52% in May compared to March, while Shein's dropped 25%, amid the US' China tariffs and the closure of "de minimis" loophole (Karen Gilchrist/CNBC)
Karen Gilchrist / CNBC:
Sensor Tower: Temu’s US DAUs fell 52% in May compared to March, while Shein’s dropped 25%, amid the US’ China tariffs and the closure of “de minimis” loophole — Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs …
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