Tracy Wen Liu

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Temu Is Burning Cash to Challenge Shein and Amazon on Black Friday

A $5.93 mobile phone holder seemed like a gamble worth taking for Michelle Zhang. During the past year, she has become a regular shopper on the cut-price ecommerce app Temu, mostly purchasing...

Temu Sellers Are Cloning Amazon Storefronts

David has spent the past two and a half years building a top-selling store on Amazon. From his office in Shanghai, China, he sells craft products to customers, most of whom are...

China’s ChatGPT Opportunists—and Grifters—Are Hard at Work

Competition for jobs is fierce in China right now. After he graduated from college with a business major earlier this year, David struggled to find work. There were too many applicants for...

Temu Is Losing Millions of Dollars to Send You Cheap Socks

Eight makeup brushes for less than a dollar, with free international shipping, is surely too good to be true. But in the lightning deals section of Temu, the prices are all unbelievable—50...

Chinese VCs Lived the Silicon Valley High Life. Now the Party’s Over

Michael made his fortune in electronics, starting an appliance company right out of college. He rode the astronomical growth of China’s economy in the early 21st century, selling his company to one...

Tracy Wen Liu

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