Temu’s UK operation doubles revenues and pre-tax profits
Super-budget Chinese retailer reports revenues of $63.3m last year, almost double its $32m in 2023Business live – latest updatesThe UK operation of the Chinese online marketplace Temu doubled revenues and pre-tax profits last year, as British consumers snapped up products offered by the...
<p>Super-budget Chinese retailer reports revenues of $63.3m last year, almost double its $32m in 2023</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/sep/17/uk-inflation-steady-38-in-july-official-figures-federal-reserve-interest-rates-donald-trump-state-visit-business-live">Business live – latest updates</a></p></li></ul><p>The UK operation of the Chinese online marketplace Temu doubled revenues and pre-tax profits last year, as British consumers snapped up products offered by <a href="https://www.theguardian.com/world/2023/oct/06/addictive-absurdly-cheap-and-controversial-the-rise-of-chinas-temu-app">the super-budget retailer</a>.</p><p>Temu UK reported revenues of $63.3m (£46.4m) last year, almost double the $32m in 2023, while pre-tax profits similarly surged from $2m to $3.9m, accounts show.</p> <a href="https://www.theguardian.com/technology/2025/sep/17/temus-uk-operation-doubles-revenues-and-pre-tax-profits">Continue reading...</a>
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