The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, as tariffs threatened its business and increased merchant support ...

SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many ...

SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to market intelligence firm Sensor Tower ...

Daily U.S. users of PDD Holdings’ PDD-Q global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is ...

PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, citing the impact of US trade policies and intense competition in China’s ...

SHANGHAI: Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.

The exemption was long a vital part of the business model supporting platforms offering low-cost goods like Temu. In a statement with the earnings release on Tuesday, PDD Holdings' co-chief ...

SHANGHAI-Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of 2025 as the Temu owner prepared for a blistering trade war between Beijing and Washington.

PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President Donald Trump's trade policies added to its struggles in its home country.

Kmart is transforming its store layout and online offering as it looks to win over younger shoppers in the battle with online rivals like Temu and Shein. Kmart’s popular home brand Anko is ...