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PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
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essanews.com on MSNTemu profits plummet 47% amid Trump's tariffs crackdownThe owner of the Chinese online store Temu, PDD Holdings, reported a 47 percent drop in profits in the first quarter of 2025, ...
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New York Magazine on MSNTemu and Shein Might Just Be ScrewedTemu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
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 Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
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's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China ...
PDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and ...
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...
JPMorgan has reaffirmed its Neutral rating on PDD Holdings Inc. (NASDAQ: PDD) while lowering the price target from $125 to ...
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