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

The end of the de minimis exemption impacted U.S. user growth for SHEIN and Temu, with efforts now focused on onshoring and ...

Tariffs have U.S. shoppers tightening their purse strings. Marquee brands like Macy’s, Gap, e.l.f. Cosmetics, and Best Buy ...

Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...

Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...

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

PDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and ...

Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which ...

Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...

PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.