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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 ...
PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first ...
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...
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 ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
The end of the de minimis exemption impacted U.S. user growth for SHEIN and Temu, with efforts now focused on onshoring and ...
PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.