In the complaint, Twenty One Pilots accuse Temu of manufacturing and selling a "myriad of items that are counterfeit or blatant copies" of their merchandise and other intellectual property. The lawsuit alleges this creates an "implied relationship" between Twenty One Pilots and Temu, which constitutes "unfair competition" that devalues the band's brand. As evidence, the complaint includes dozens of pages of photos comparing official merch to the alleged counterfeit products sold on Temu. One example features an official $35 Twenty One Pilots t-shirt alongside a strikingly similar replica sold on Temu for $7.54.
"We recently got an order that said we'll take all the capacity you have wherever it is," he said on the company's earnings call. "It could be in Europe, could be in Asia, we'll just take everything."
Walmart's decision to abandon its white-labeled ad tech stack signifies a shift away from sharing its ecommerce technology with other retailers.
U.S. President Donald Trump's executive order revokes the de minimis exemption for Chinese imports under $800, changing the landscape for companies like Shein and Temu.
"Due to recent changes in global trade rules and tariffs, our operating expenses have gone up. To keep offering the products you love without compromising on quality, we will be making price adjustment."