This is a U.S. news story, published by CNBC, that relates primarily to Temu news.
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Chinese companiesCNBC
•84% Informative
Discount retailers Temu and Shein have seen huge growth in the U.S. thanks to a marketing blitz and rock-bottom prices.
They've been spending heavily on Google and Facebook, while generating fresh competition for e-commerce players like Amazon , eBay and Etsy .
Amazon is expected to show revenue growth of about 11% to $148.6 billion in its second-quarter earnings report.
Meta 's advertising revenue in Asia-Pacific region increased 41% from a year prior.
Bank of America analysts said Amazon and Walmart are the most "insulated" from Chinese competitors.
Amazon has shown that it's well aware of Temu and Shein's increasing popularity.
VR Score
87
Informative language
89
Neutral language
31
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Affiliate links
no affiliate links