Look who is challenging Shein in the US market

Shein, one of the world's largest fashion companies, is reportedly facing challenge from one of its home country upstarts, Temu, a shopping platform owned by Chinese e-commerce heavyweight Pinduoduo Holdings Inc. Temu, according to a report in Bloomberg, aims to dominate the online shopping landscape by surpassing Shein's dominance within the next few years. However, in the longer run, Temu ultimately aims to take on global behemoths like Amazon.

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