News

The owner of the Chinese online store Temu, PDD Holdings, reported a 47% drop in profits in the first quarter of 2025, ...
Yannis Bakos, an assistant professor at NYU's Stern School of Business who focuses on e-commerce, said Temu and Shein would eventually run out of runway — if tariffs didn't change. "While some ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
Ever since the tariffs kept changing ... Trump’s trade war may fundamentally alter the way Temu operates in the US and its strategies for retaining American customers. The company became ...
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 ...
The small-package tariff exemption had been ... In preparation, Temu and Shein had been accelerating localization strategies for the U.S. Scott Miller, CEO of e-commerce consulting firm pdPlus ...
The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, ...