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Temu and Shein Might Just Be Screwed
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat on broad tariffs and cross-border postal fees — but anything short of a ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
Temu’s parent company, PDD Holding, saw shares fall about17% on Tuesday morning after reporting a major first-quarter ...
REUTERS That strategy change came as the firms rushed ... and 115% in France and 20% in the UK for Temu, according to the data. That advertising push has already helped Shein and Temu secure ...
Young Australia's relationship with Shein, Temu is under the spotlight after K-Mart announced it's officially in competition ...
Temu owner PDD Holdings Inc DRC (NASDAQ:PDD) saw its shares tumble more than 18% after reporting notably worse-than-expected earnings and revenue for the first quarter of fiscal 2025.
Tariffs and new rules raise costs for US shoppers on Shein and Temu, while Europeans enjoy relatively minor price increases.
Temu owner PDD Holdings Inc DRC (NASDAQ:PDD) saw its shares plummet more than 13% after reporting notably worse-than-expected earnings and revenue for the first quarter of fiscal 2025.