The company lacks pricing power and is heavily dependent on paid advertising, with thin operating margins and no clear ...

US-China trade truce cuts tariffs from 145% to 30%, helping online retailers like Shein and Temu adjust amid trade tensions ...

Temu, Shein, AliExpress and TikTok Shop have all begun raising prices for US customers. For products stored in warehouses ...

President Trump said Friday that the US will set tariff rates for its trading partners within the next few weeks. He said his ...

Online retailers like Temu and Shein, which ship cheap products from China to the US in small bundles, received a reprieve from the tariff pause, but they may still have to navigate duties after ...

Matt Novak is a reporter at Gizmodo covering news and opinion, with a little history thrown in for good measure. Novak started at Gizmodo in 2013 and has been writing about past visions of the ...