News

(Reuters) -Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its ...
The company is in the crosshairs of President Donald Trump’s tariffs on imports, particularly from China, which specializes ...
It’s unclear whether the shift away from Temu and Shein will continue. It depends largely on how consumer sentiment fares over the next few weeks and whether the “de minimis” tariff remains ...
Consumers see the outlook for the economy as no worse at the end of May than they did in April. But they are worried about ...
Chinese e-commerce firm PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic ...
Consumer sentiment dipped slightly in May, marking a nearly 30% decline since January 2025. Worsening personal finances and political divisions contributing to the ongoing pessimism. Tariffs and ...
Both Pinduoduo and global site Temu leverage PDD's extensive network of suppliers in China to provide products at low prices.
US consumer sentiment rebounded in late May from one of the lowest readings on record earlier in the month and long-term ...
US consumer sentiment tumbled further in May as the impacts of President Trump's tariff policies remained top of mind for Americans. The latest University of Michigan survey released Friday showed ...
as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies. The US-listed shares of the company fell ...