Chinese Platform Temu Draws Shoppers From Us Dollar Stores – Data

According to the most recent market share data, Temu, the rapidly expanding Chinese e-commerce site that sells $10 clothes and $4 home furnishings

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This contrasts with 43% for Dollar General, 28% for Dollar Tree, and 8% for the dollar retailer Five Below.

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Temu offers similar holiday décor, storage containers, and toys as dollar stores

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As it grows abroad, analysts predict that it will bring in more than $16 billion in revenue this year.

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Requests for comments regarding the research were not answered by Temu, Dollar General, Dollar Tree, or Five Below.

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U.S. dollar stores have previously stated that they do not believe Temu will have an impact on their sales.

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