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PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President ...
As businesses globally fret about sky-high US tariffs reviving rampant inflation, in Australia, the redirection of cheap ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
Analysts at JPMorgan have reiterated a Neutral rating on PDD Holdings Inc. (NASDAQ:PDD) and cut the price target to $105 from ...
Shoppers may soon notice a shift in what's available on store shelves. New and expanded tariffs on Chinese imports -- some ...
From 2019 to 2021, the active buyer compound annual growth rate of 22% drove a 50% CAGR of active merchants. During the same period, as the number of merchants and products available increased, order ...
With all the confusion around tariffs and their implementation, increasing numbers of buyers have been turning to resale ...
Your online shopping from retailers like Temu and Shein could soon face new taxes under Republican trade proposals.
The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.
Share After more than 15 years since the launch of the iPad, WhatsApp has finally released a dedicated app for Apple’s tablet ...