Affordable retail giants Temu and Shein have informed customers of upcoming price increases set to take effect on April 25th. Both brands, known for their ultra-low-cost offerings, are urging shoppers to make purchases ahead of the changes. This move reflects broader economic pressures impacting global e-commerce platforms. While specific reasons for the price hike were not detailed, industry analysts suggest rising operational costs and supply chain challenges may be contributing factors. Consumers are encouraged to act swiftly to secure current pricing levels before the adjustment occurs.
— new from The Verge
