Both Pinduoduo and global site Temu leverage PDD’s extensive network of suppliers in China to provide products at low prices.

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 ...

Chinese e-commerce firm PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic ...

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 ...

Chinese e-commerce firm PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform suffered from persistently weak consumer sentiment and its ...

With the baseline tariff set at 10 per cent for most nations and a steep 30 per cent levy on Chinese imports, the added cost ...

The HDE now expects 2025 online retail revenue in Germany to increase by 4% year-on-year to 92.4 billion euros ($103.6 billion), compared with previously forecast growth of 3%. Overall, German retail ...

PDD Holdings Inc.'s significant Q1 earnings miss - marked by the steep plunge in Temu-driven transaction ... which is bound to compound softening consumer sentiment at home. However, Alibaba ...

As US markets reopened after a long holiday weekend, equities halted a four-day slide, with the S&P 500 up more than 1.6%.

In 2007, he founded Ouku.com, a consumer electronics ... Stanley report projects Temu will reach profitability this year, a development likely to boost investor sentiment further.