In November, Temu accounted for nearly 17 per cent of discount store market share in the US, having seen enormous growth since launching in September 2022.
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As of last month, Temu accounted for nearly 17% of the market share in the United States within the discount stores categories, according to data analytics firm Earnest Analytics. That compares to 8% for the dollar chain Five Below, 43% for Dollar General and 28% for Dollar Tree.