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The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, ...
PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a ...
PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first ...
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 ...
Las acciones de PDD Holdings Inc., propietaria de Temu, se desplomaron en EE.UU. después de que sus ventas y ganancias ...
PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.
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After the muted quarterly numbers, the company announced strategic decision to increase ecosystem investments to help drive ...
Shares of PDD Holdings, the parent company of Chinese international online retailer Temu, plunged more than 18% in premarket ...
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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 ...
The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.
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