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PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
PDD Holdings' long-term value hinges more on macro stability than near-term execution. Learn more about PDD stock and my ...
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat on broad tariffs and cross-border postal fees — but anything short of a ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
PDD's revenue for Q1 came in at 95.7 billion yuan ($13.3 billion), falling short of the 101.6 billion yuan projection from ...
Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.
Temu's owner PDD Holdings' net profit plunged 47 per cent year on year in the first quarter of 2025. Read more at ...
Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...