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Temu’s UK operation doubles revenues and pre-tax profits

The Guardian - Technology•Wednesday, September 17, 2025 at 11:44:38 AM
PositiveTechnology
Temu’s UK operation doubles revenues and pre-tax profits
Temu's UK operation has seen remarkable growth, with revenues soaring to $63.3 million last year, nearly doubling from $32 million in 2023. This surge highlights the increasing popularity of the super-budget Chinese retailer among British consumers, who are eager to take advantage of the affordable products offered. This growth not only reflects Temu's successful market strategy but also indicates a shift in consumer behavior towards value-driven shopping, making it a significant player in the retail landscape.
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