Temu and Shein increase advertising in the UK and France
Posted 2025-05-05 21:59:08
0
367

It was reported by Reuters that fast-fashion e-commerce platforms Temu and Shein boosted their spending on digital advertising in Europe in April, showing a shift away from the US, where they face a rise in tariffs imposed by the President Trump administration.
According to the data from the market intelligence firm Sensor Tower shared with Reuters, Shein’s ad spending rose 35% in France and the UK, while PDD Group's Temu increased spending by 40% and 20% month-over-month, respectively.
The boost in ads by the two e-commerce companies in Europe comes after a ban on de minimis in the US, an exemption that previously allowed packages valued under $800 to enter the country duty-free.
Read the Original article here: [Link]
Image Credit: Pexels
Search
Categories
- Analysis
- Business News
- Business Starter
- Business Taxation
- Business Banking
- Business loans
- Company Formation
- Franchises Business
- Payment Processing
- Funding & Grants
- Legal & Compliance
- Money & taxation
- Export & Import
- Investing
- Marketing & Tools
- Invoice finance
- Technology
- Property
- Expatriate Guide
- Relocation
- Other
Read More
What do we about the UK Innovator founder program?
The UK Innovator Founder Program is a visa route designed for individuals seeking to...
What type of export finance work best for your business?
Export finance is a term often used in international trade and refers to various financial...
US banks offering mortgages to non-residents
Several U.S. banks and financial institutions offer mortgage services to non-residents. The...
UK Small Businesses Could Get Up to £2 Million in Funding to Mitigate US Tariffs.
The UK Government announced a financing scheme worth billions of pounds to support small...
Extra Two Serving Hours for Pubs in England and Wales to Mark VE Day 80th Anniversary.
The government has confirmed that Pubs and Bars in England and Wales will be allowed to stay open...