PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...

PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a ...

Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022.

PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.

In an earnings call, Temu's parent company, PDD Holdings, said it would subsidize some merchants to help keep them afloat, ...

With all the confusion around tariffs and their implementation, increasing numbers of buyers have been turning to resale ...

Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings ...

PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President ...

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 ...

With the baseline tariff set at 10 per cent for most nations and a steep 30 per cent levy on Chinese imports, the added cost ...

Temu's owner PDD Holdings' net profit plunged 47 per cent year on year in the first quarter of 2025. Read more at ...

Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight.