Low-cost e-commerce rivals Shein and Temu apply to end US court cases

Low-cost e-commerce rivals Shein and Temu apply to end US court cases

FILE PHOTO: A Shein logo is pictured at the company's office in the central business district of Singapore, October 18, 2022. REUTERS/Chen Lin/File Photo

Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the U.S., documents show, marking a truce even as a global market share battle between the low-price online platforms heats up.

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