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PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
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’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 ...
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, ...
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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, ...
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S.
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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 owner PDD Holdings has reported a steep drop in profits off the back of higher tariffs imposed by US President Donald ...
Despite increased prices and some sales declines in the US, the complexity and regulatory hurdles in Europe are making the US ...
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