Temu in Position to Take US Online Shopping by Storm

Following its rapid ascent in the Chinese e-commerce market, seven-year-old Pinduoduo is now trying its hand in the US with the launch of Temu. (Source: Temu)

Have a glance at the homepage of Temu, a new US-oriented e-commerce site, and it’s hard not to be floored by the bargains – $10 for a fleece zipper hoodie, $2 for 10 pairs of socks, $13 for a sleek…