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Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
PDD Holdings, the parent company of Temu, reported a 47% profit decline to £1.5 billion in Q1 2025/26, despite a 10% revenue increase to £9.8 billion. The decline has been attributed to increased ...
Chinese e-commerce firm PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic ...
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
(Reuters) -Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its ...
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 domestic platform suffered from intense local competition and its ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which ...
Temu’s parent company, PDD Holdings, is grappling with a sobering financial reality. The company’s net profit plunged nearly ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the ...
Chinese e-commerce firm PDD Holdings saw first-quarter net profit ... has generated widespread uncertainty for global business Temu. “Radical change in external policy environments such as ...