Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Trump administration’s elimination of the de minimis exemption will be great for American retailers, Simon Property Group Chairman, CEO and President David Simon said Monday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very often during this earnings season, CEO James Reinhart says the Trump administration’s proposed tariffs on Chinese imports could sharpen that...
Temu has reportedly stopped shipping products from China directly to U.S. consumers due to the elimination of the de minimis exemption that had shielded small packages from U.S. tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
April 24, 2025
Google’s parent Alphabet reported higher-than-expected earnings and revenue for the first quarter, with its core search business up nearly 10% and Google Cloud racking up a 28% gain in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]
September 18, 2025
FedEx faces a $1 billion headwind in its current fiscal year due to the global trade environment, the company said in a presentation released Thursday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
June 02, 2025
Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Get...
May 12, 2025
The Trump administration’s elimination of the de minimis exemption will be great for American retailers, Simon Property Group Chairman, CEO and President David Simon said Monday (May 12). Get the...
May 05, 2025
Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very often during this earnings season,...
