Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...

Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...

The American version of Temu abruptly began to show only “local” products days before the Trump administration was set to end a tariff loophole for small packages from China.

Temu’s parent company, PDD Holding, saw shares fall about17% on Tuesday morning after reporting a major first-quarter ...

Without the constant advertising presence, Temu’s and Shein’s apps have fallen ... had cut back on spending because of the changes to the shipping loophole. The company declined to provide ...

REUTERS That strategy change came as the firms rushed ... and 115% in France and 20% in the UK for Temu, according to the data. That advertising push has already helped Shein and Temu secure ...

Temu owner PDD Holdings Inc DRC (NASDAQ:PDD) saw its shares tumble more than 18% after reporting notably worse-than-expected earnings and revenue for the first quarter of fiscal 2025.

The online marketplace says it will move to a "local fulfillment model" in the US, with sales handled by locally based sellers.