Technology9/17/2025•The Guardian
Temu’s UK operation doubles revenues and pre-tax profits
Temu, a Chinese online marketplace, has reported a significant increase in its UK operations. According to the company's financial statements, Temu UK's revenues doubled from $32 million in 2023 to $63.3 million (£46.4 million) in the last year. Similarly, the company's pre-tax profits also surged from $2 million to $3.9 million during the same period. The report suggests that British consumers have been actively purchasing products offered by the super-budget retailer, contributing to the impressive financial performance of Temu's UK operations.
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