Report: Temu Loses 58% of US Daily Users Due to Tariffs

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Report: Temu Loses 58% of US Daily Users Due to Tariffs (www.pymnts.com)

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[–] • 1 pt

It's not because of tariffs. The effect of tariffs on stuff as worthless as what temu sells is negligible. It was always in the business plan for temu to raise their prices, and it's all playing out exactly as they intended. I hope nobody actually believed giving away useless junk for almost free was a viable business model, especially after what we saw during the dotcom bubble.

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