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Temu Extends Lead Over Shein in US as Shoppers Embrace a Bargain

The app for Shein sits next to a reflection of the Temu logo.
Sales on the platform that’s backed by Chinese heavyweight PDD Holdings Inc. jumped 29 percent from a month ago to a new record. (Getty Images)

This year’s Black Friday sales may have disappointed a number of US retailers but for online marketplace Temu, November was another banner month.

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