Temu Is Losing Millions of Dollars to Send You Cheap Socks
The Chinese shopping app is topping app stores in the US. But it’s burning money and squeezing its suppliers to a breaking point in a bid to take on Amazon.
Chinese VCs Lived the Silicon Valley High Life. Now the Party’s Over
Before the US cracked down on China’s tech sector, the country’s investors chased deals in California with Maseratis and Michelin-starred food.