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These big names in retail could get hit by Temu’s surging growth, Bank of America says

These big names in retail could get hit by Temu’s surging growth, Bank of America says

November 21, 2023November 21, 2023 · Banking

The explosive growth of Temu, the U.S. arm of Chinese e-commerce giant Pinduoduo , could spell trouble for some major retailers, according to Bank of America. Temu offers…

Read more These big names in retail could get hit by Temu’s surging growth, Bank of America says
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