The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...
PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
PDD Holdings Inc. Q4 2024 results beat EPS estimates; revenue slightly missed. Discover why analysts are optimistic and why ...
Bloomberg on MSN49m
Temu-Owner PDD’s Revenue Misses Estimates as Expansions SlowPDD Holdings Inc.’s revenue grew a less-than-anticipated 24% after intensifying domestic competition and US tariffs crimped ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates ...
From China to Brazil to Germany, huge numbers of people are addicted to shopping, driven in part by companies that use gaming ...
Forever 21's second bankruptcy filing and store closures, along with other major chains closing doors across South Florida, ...
Chinese companies cut back on the small packages they shipped to the US last month, as President Donald Trump looks to close ...
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DMR News on MSNForever 21 to Close All U.S. Stores, Cites Shein and Temu CompetitionForever 21 filed for bankruptcy protection for the second time in six years, blaming fast-fashion competitors Shein and Temu ...
American fashion brand Forever 21 is set to shut down its US operations after filing for bankruptcy for the second time in ...
Authentic Brands will continue to own the IP and may license the brand to other operators, according to a statement Sunday.
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