PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...

The owner of the Chinese online store Temu, PDD Holdings, reported a 47 percent drop in profits in the first quarter of 2025, ...

PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...

China Galaxy International analyst Lei Yang changed the rating for PDD Holdings Inc. (NASDAQ:PDD) from “Add” to “Hold” and ...

The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.

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 ...

Temu's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China ...

Temu: The drop came as the economic superpowers are locked in another bruising trade standoff that saw US President Donald ...

PDD Holdings on Tuesday said its first-quarter revenue rose 10% from a year earlier to 95.67 billion yuan, equivalent to $13.31 billion. That marked its slowest top-line growth since the first quarter ...