The owner of the bargain-shopping app warned of volatility ahead as it navigates a challenging business environment.
PDD Holdings Inc.’s revenue rose a better-than-expected 9% in a sign of a gradual recovery in its Chinese business, while the ...
(Reuters) -China's PDD Holdings reported a 9% jump in quarterly revenue on Tuesday, in a sign the value-focused e-commerce ...
European lawmakers are moving to impose taxes on low-value parcels including from the Chinese online giants to protect ...
China's PDD Holdings reported a 9% jump in quarterly revenue on Tuesday, in a sign the value-focused e-commerce firm's moves ...
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Temu offers ‘aggressive’ payouts to lure US retailers as Chinese company grapples with tariffs
Temu is owned by conglomerate PDD Holdings, which is headquartered in Shanghai and Dublin. PDD’s shares are up about 40% year to date and its revenue grew by 7%, to $14.5 billion, in the most recent ...
The three giants are forecast to control 36 per cent of Australia’s online retail market, forcing local retailers to pivot.
The EU will scrap tariff-free imports under €150, dealing a major blow to Temu and Shein and pushing shoppers — including ...
While the EU ends a duty exemption, a reform of China’s tax regime may present the bigger challenge for cross-border sellers.
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