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Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
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 ...
The drop came as the economic superpowers are locked in another bruising trade standoff that saw US President Donald Trump ...
PDD recorded revenue of RMB95.67 billion ($13.18 billion) for the quarter ended March 31, less than analysts projected RMB103 ...
PDD Holdings Inc.’s shares fell as much as 17% in premarket trading in the US after its quarterly sales and net profit missed estimates as trade tensions between Beijing and Washington took a toll on ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
Temu’s parent company, PDD Holding, saw shares fall about17% on Tuesday morning after reporting a major first-quarter ...