News

Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% on Tuesday after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit. The dismal quarterl ...
The company, which owns Temu, has been facing "radical change," its CEO said. Temu is also grappling with the effects of Trump's tariffs and his closing of the de minimis loophole. PDD Holdings ...
Shares of Temu parent PDD Holdings Inc. took a deep dive in Tuesday’s trading after the e-commerce company missed quarterly earnings expectations by a wide margin, citing the costs to help ...
Temu's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China trade tensions intensify. The decline is attributed to escalating trade ...
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 ...
President Trump moved to close a loophole that has fueled a boom in cheap goods being shipped from China to the U.S. WSJ’s Jonathan Cheng traveled to the world’s largest wholesale market to ...
Meanwhile, a tit-for-tat tariff escalation between the United States and China, followed by a temporary 90-day de-escalation, has generated widespread uncertainty for global business Temu.
(NEXSTAR) – What’s not to love about a part-time, well-paid job “assisting TEMU merchants with product reviews”? A lot, it turns out, according to people who posted their experiences online.
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, China — 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 ...