Chinese e-commerce company Pinduoduo this week quietly launched an online marketplace in the U.S. called Temu, the latest example of overseas expansions by Chinese companies as the economy at home slows down.
Similar to Shein, the Chinese ultrafast-fashion e-commerce company, Temu boasts competitive prices. It features products in 14 categories, including apparel, accessories, pet supplies and beauty products, and it offers a 20% discount to first-time shoppers and free shipping for orders of $49 or more.
