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Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the practice known as “ de minimis ” — which allowed Chinese companies to ship ...
Scamnetic, Inc., a leading provider of scam prevention and protection services, has filed a lawsuit against BlackCloak, Inc.
US states and small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them ...
U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, ...
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.
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