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Temu's Most Loyal Shoppers Are Actually Boomers and Gen Xers

(Bloomberg) Temu is attracting hordes of Boomer and Generation X shoppers, belying the Chinese e-commerce app’s reputation as a destination for younger consumers.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketHong Kong Stocks at 36% Discount Show True Depth of China GloomFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutIn ....

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Temu's Win Over Shein in the US Is Hurting Its Bottom Line

(Bloomberg) Temu’s transformation over the past year is the stuff of business dreams.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapChina Ousts Defense Minister, Ending Mystery Over His StatusVirtually unknown when it launched in the US last September, it’s now well and truly trumped industry giant Shei ....

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Temu's Win Over Shein in the US Is Hurting Its Bottom Line

Temu's Win Over Shein in the US Is Hurting Its Bottom Line
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