PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...
US tariffs together with AI are expected to boost sales for second-hand clothing, an executive at ThredUp has predicted.
U.S.-listed shares of PDD rose about ... has benefited from Temu's surging popularity in international markets - the shopping site's rock bottom prices on everything from clothing and home goods ...
Shares in Puma and Zara and Massimo Dutti owner Inditex fell sharply last week. Retail is among the worst-performing sectors ...
In December 2023, more than 500,000 Dollar General shoppers’ spending on Temu rose to 10 percent of their total spending ... also founded in China and known for its fast-fashion clothing and cheap ...
Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former ...