Thursday, June 15, 2023

Analysis: US spending on Temu was 20% higher than Shein in May 2023; Apptopia: Temu has been the top iOS app on the US App Store during most days in 2023 (Bloomberg)

Bloomberg:
Analysis: US spending on Temu was 20% higher than Shein in May 2023; Apptopia: Temu has been the top iOS app on the US App Store during most days in 2023  —  This time last year, hardly anyone in the US knew what Temu was.  Now, as American consumers grapple with runaway inflation …



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Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (Kate Park/TechCrunch)

Kate Park / TechCrunch : Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B l...