Is Temu and Shein Owned by the Same Company – No, Temu and Shein are not owned by the same company. Shein is an online fast fashion retailer based in China, specializing in affordable clothing and accessories. Temu, on the other hand, is a newer online shopping platform that offers a wide range of products, including home goods, electronics, and fashion. While both companies are part of the Chinese e-commerce landscape, they operate independently and offer different product categories and shopping experiences.