A new online shopping platform linked to one of China’s top retailers has quickly become the most downloaded app in the United States, surpassing Amazon and Walmart. Now it’s looking to capitalize from an appearance on America’s biggest stage. Temu, a Boston-based online retailer that shares the same owner as Chinese social commerce giant Pinduoduo, made its Super Bowl debut on Sunday.
On its website, Temu says it uses its parent company’s “vast and deep network … built over the years to offer a wide range of affordable quality products.” Since its rollout in September, the application has been downloaded 24 million times, racking up more than 11 million monthly active users, according to Sensor Tower.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dutch chip firm ASML says former China employee stole data | CNN BusinessASML, the Dutch chip equipment maker, has accused a former employee in China of stealing data related to its proprietary technology, in a case that highlights its importance in the global semiconductor supply chain as tension grows between the United States and China. Please MarinSanna FinGovernment Finland_Nigeria what are you doing about an International Terrorist simon_ekpa hiding in your country causing the deaths of hundreds and thousands of Nigerians in the Southeast including pregnant women and children? Are you letting him free? Fake news, chinese don't need to steal technology from other countries any more cuz they can handmake .85nm chips from now
Source: cnni - 🏆 326. / 59 Read more »
China sanctions Lockheed, Raytheon after vowing to retaliate against US restrictions | CNN BusinessChina has imposed sanctions on two American defense manufacturers over arms sales to Taiwan, a day after Beijing pledged to take 'countermeasures' in response to Washington's handling of a suspected Chinese surveillance balloon that entered US airspace late last month. oh no! Everyone is learning our 'sanction' tool and are beginning to use it against us. How dare they?😷🤣🤣 These companies shouldn't be selling to China anyways , 🤷🏽
Source: cnni - 🏆 326. / 59 Read more »
China's property crash is prompting banks to offer mortgages to 70-year-olds | CNN BusinessWhy the age matters as long as people can pay? Hahaha Xi's economic plans are really working.........and his friendship with Putin pays of........ Thou Shall zNot Kill by Willie J The Philosopher
Source: cnni - 🏆 326. / 59 Read more »