Skip to main content

Sensor Tower: Temu cut US digital ad spending by an estimated 31% and Shein by 19% in the two week period from March 31 as the de minimis exemption is closed (New York Times) https://ift.tt/ijMoBSh

New York Times:
Sensor Tower: Temu cut US digital ad spending by an estimated 31% and Shein by 19% in the two week period from March 31 as the de minimis exemption is closed  —  For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.



Comments

Popular posts from this blog

A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe (Meaghan Tobin/New York Times) https://ift.tt/F1qzQUR

Meaghan Tobin / New York Times : A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe   —  Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names …

Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M (Colin Campbell/Axios) https://ift.tt/kfjRq7o

Colin Campbell / Axios : Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M   —  Supply chain orchestration platform Pelico raised $40 million in strategic financing led by General Catalyst, co-founder Tarik Benabdallah tells Axios Pro.

Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators (Richard Waters/Financial Times) https://ift.tt/4Pt6rf8

Richard Waters / Financial Times : Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators   —  Autonomous ride-hailing service to make tentative debut in Austin, Texas, with only about 10 cars  —  For Elon Musk, tech's great showman …