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PDD Holdings, the parent company of Temu, reported a 47% profit decline to £1.5 billion in Q1 2025/26, despite a 10% revenue ...
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
Despite increased prices and some sales declines in the US, the complexity and regulatory hurdles in Europe are making the US ...
China Galaxy International analyst Lei Yang changed the rating for PDD Holdings Inc. (NASDAQ:PDD) from “Add” to “Hold” and ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
Daily Wrap on MSN6d
Trump tariffs dent profits: Temu reports significant declineThe owner of the Chinese online store Temu, PDD Holdings, reported a 47 percent drop in profits in the first quarter of 2025, ...
Despite receiving the green light from the UK's Financial Conduct Authority, SHEIN encountered delays with the China ...
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
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Benzinga on MSNTemu Parent PDD Profit Falls 47% On Tariff Woes, Shares Drop 14%Temu parent PDD Holdings reported a 47% drop in first-quarter profit to $2.03 billion, missing analyst expectations. New U.S.
Temu owner PDD Holdings (NASDAQ:PDD) received a rating cut to Hold from Buy at Deutsche Bank after the Chinese e-commerce firm reported a steep 45% year-on-year drop in non-GAAP net income for the ...
The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.
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