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Temu's DAUs in US Collapse ~60%, after US Ends Duty-Free Policy for Low-Value CN Packages
The US terminated its duty-free policy for low-value packages from China on May 2. The New York Post cited data from market intelligence firm Sensor Tower, showing that the daily a...
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Temu's DAUs in US Collapse ~60%, after US Ends Duty-Free Policy for Low-Value CN Packages
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The US terminated its duty-free policy for low-value packages from China on May 2. The New York Post cited data from market intelligence firm Sensor Tower, showing that the daily active users (DAUs) of Temu, the discount e-commerce platform under Pinduoduo (PDD.US)      , tumbled 58% in the US last month.

A report by Morgan Stanley last month indicated that user engagement on Temu collapsed after the end of the duty-free policy, forewarning that Temu's competitiveness will continue to weaken, if the current situation persists for a long time.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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