Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%. All pillars posted declines for the week that ended May 24. Peloton helped bring...
Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. The company is focusing on acquiring industrial property...
Chinese eCommerce company Temu is reportedly looking beyond the United States for business growth. Temu, which had invested billions of dollars in the American market, is now...
PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.”...
Meta dominated the CE 100 Index’s earnings-related news this week, soaring on commentary that users are engaging more often with its app. The overall index...
Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace. This move by Temu, which was introduced to...
Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States. Contrary to its reputation as...
Shein or Temu reportedly could be potential merger partners for Wayfair. Either of the two Chinese-founded eCommerce companies could be a good fit for a...
The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%. Snap...