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, ...

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

PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.

Temu’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 ...

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 ...