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Ukraine unleashed chaos at Moscow's four airports overnight with drone strikes on the Russian capital for the fourth successive day. Hundreds of passenger planes had to be diverted. Footage showed ...
Temu and Pinduoduo present themselves as e-commerce apps that offer inexpensive merchandise, but they are also in the business of data collection. The lawsuit notes that, ...
Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% Tuesday morning after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit.
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat on broad tariffs and cross-border postal fees — but anything ...
Temu did not respond to a request for comment on the drop in US daily users or the headwinds it faces in the US market. Engagement on Temu has dropped significantly following the end of the ...
Temu did not respond to a request for comment on the drop in U.S. daily users or the headwinds it faces in the U.S. market. Engagement on Temu has dropped significantly following the end of the ...
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 domestic platform suffered from intense local competition and its ...
Temu parent is using coupons, lower fees to help smooth the costs of Trump’s tariffs PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, underscoring how trade tensions between Beijing and Washington are taking a toll ...
Temu halted shipping from China altogether in early May as the U.S. started applying hefty tariffs on small-value packages from China. The Trump administration said late Monday it would cut ...
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