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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 ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
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 ...
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RetailWire on MSNTemu-Owner PDD Holdings Reports Huge Profit Drop Amid Tariff UncertaintiesPDD’s total revenue for the quarter that ended March 31 reached 95.7 billion yuan ($13.3 billion). The figure was lower than ...
PDD Holdings dropped its share prices by 19 percent last week as investor sentiment was weighed down by its dismal earnings ...
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Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which allowed overseas fast-fashion firms to ship low-value packages into the ...
PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.
Chinese e-commerce firm PDD Holdings saw first-quarter net profit ... has generated widespread uncertainty for global business Temu. “Radical change in external policy environments such as ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
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