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PDD's Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies
PDDPDD(PDD) CNBC·2024-12-17 07:06

The Chinese company, however, faces increased scrutiny from U.S. officials, and risks posed by tariffs which the incoming Trump administration has promised to raise.Temu, which ships cheap goods from China, first entered the U.S. market in 2022. It has taken the market by storm, putting pressure on incumbent heavyweight Amazon .Apple's iOS accounts for over 56% of U.S. mobile phone market, according to data from StatCounter.ByteDance's TikTok came in third in the ranking despite doubts over its ability to c ...