Panic Buying for Temu, Shein, Taobao and DHGate?

Despite the ad spend of Temu and Shein dropping, Bloomberg is reporting of stockpiling by customers leading to a strong year over year sales gains for Temu and Shein.

In parallel, it seems that customers are seeking purchases direct from factories with Taobao entering the top 5 within app stores.

Whether it’s tariffs, de minimis exclusions, or emerging apps, many customers will continue to enjoy the thrill of the hunt and actively seek out a deal.

Source: https://www.bloomberg.com/news/articles/20...