Business
Temu app
(Cheng Xin/Getty Images)

Temu tumbles on US app store rankings as the fast-fashion giant pulls its Google Shopping ads

Once the top shopping app, Temu is losing some steam as it braces for a major shipping crackdown.

Nia Warfield

Temu’s check-out line is getting a lot shorter.

The viral shopping app, known for ultracheap deals on everything from furniture to faux leather jackets, has plunged in the app store charts over the past week. As of Thursday afternoon, Temu had dropped from its usual top-five ranking to 64th among free apps in Apple’s US App Store — just days after the company abruptly pulled its Google Shopping ads. Temu has become a household name, especially in the US, where over half of consumers say they’ve shopped the app at least once over the past year, a recent survey found.

The dip comes as Temu, owned by China’s PDD Holdings, faces pressure on multiple fronts. Last week, President Trump announced plans to triple small-parcel shipping fees, closing the “de minimis” loophole that let platforms like Temu and rival Shein ship tons of cheap goods to US shoppers tax-free. At the same time, Chinese imports are being slapped with new tariffs of up to 125%, even as other trading partners see relief. The pressure is on: since April 8, Temu’s paid traffic has dropped 80%, Similarweb data shows. Meanwhile, Amazon page views for its “Haul” storefront — a Temu-style platform offering a variety of products under $20 — have more than doubled in the same period. 

More Business

See all Business
Hollywood Exteriors And Landmarks - 2025

1 year into the Switch 2, we might’ve seen the top of the console market

The Switch 2 launched on this day in 2025. Amid a rough year for consoles, Nintendo has logged a good one.

business

GM has reportedly rehired more than 100 former Cruise employees, 18 months after shuttering the robotaxi unit

GM has rehired more than 100 employees it let go early last year when it shuttered Cruise, its former robotaxi business, according to reporting by The Information.

The hiring spree, which also includes employees from Nvidia and Uber, is geared toward ramping up GM’s plans for personal-use self-driving vehicles and not robotaxis. The former had been the focus of Cruise, prior to GM shuttering it in 2024.

Reporting last fall revealed that GM was attempting to rehire some former Cruise employees, but the scope of that effort wasn’t clear. More than 1,000 employees were laid off when the automaker scrapped Cruise, which it invested $10 billion into.

Google’s Waymo, Cruise’s former chief rival, is now worth $126 billion after a $16 billion funding round earlier this year. The company says it’s serving 500,000 paid robotaxi rides per week in the US.

Reporting last fall revealed that GM was attempting to rehire some former Cruise employees, but the scope of that effort wasn’t clear. More than 1,000 employees were laid off when the automaker scrapped Cruise, which it invested $10 billion into.

Google’s Waymo, Cruise’s former chief rival, is now worth $126 billion after a $16 billion funding round earlier this year. The company says it’s serving 500,000 paid robotaxi rides per week in the US.

Stacked Cars in Parking Lot

With gas prices soaring, the humble sedan is making a comeback

Recent US sales data reveals a “sedanaissance” among major automakers like Honda, Hyundai, and Toyota.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.