PDD Holdings is facing growing pressure as its Temu platform loses users due to recent U.S. trade policy changes that removed ...

Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...

Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...

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 ...

Shopping on Temu for items at bargain prices has been a joy for many customers since the e-commerce giant launched in the US in 2022, but the trade policies recently instituted by President Donald ...

US users of Chinese discount e-commerce platform Temu fell 58% in May following the White House’s elimination of the “de ...

Others in Big Tech may find themselves hurting from a loss of advertising dollars from companies like Shein and Temu, which have been big spenders in recent years. The de minimis change was the ...

Without the constant advertising presence, Temu’s and Shein’s apps have fallen ... had cut back on spending because of the changes to the shipping loophole. The company declined to provide ...

Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...

"Due to recent changes in global trade ... potential downfall of Shein and Temu, pointing to the many accusations of inappropriate labor practices, deceptive marketing and reliance on cheap ...

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 ...

Temu, which is owned by the Chinese e-commerce company PDD Holdings, said that its operating expenses have gone up “due to recent changes in global trade rules and tariffs.” As of Friday ...