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The end of the de minimis exemption impacted U.S. user growth for SHEIN and Temu, with efforts now focused on onshoring and ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to ...
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022.
9don MSN
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 ...
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