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Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first ...
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which allowed overseas fast-fashion firms to ship low-value packages into the ...
If the moves hold, that would mark one of the biggest selloffs in PDD's history: The results come as the company faces a major setback to its ambitions for its Temu shopping platform, which has ...
Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight.
The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, ...