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Temu Is Burning Cash to Challenge Shein and Amazon on Black Friday

Tuesday November 21, 2023. 07:00 PM , from Wired: Cult of Mac
Reports show Temu is growing faster than even its owners expected, but it’s still losing money and straining its logistics as it tries to compete with Shein, TikTok, and Amazon.
Read more at Wired: Cult of Mac
https://www.wired.com/story/temu-is-burning-cash-to-challenge-shein-and-amazon-on-black-friday/

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