Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.

According to a recent survey by the Chinese marketplace Temu, German customers said that they have average saving of 27 ...

Shein announced that it will ramp up its efforts to test the safety and quality of its product. This new initiative followed ...

The European Commission has begun investigating porn platforms Pornhub, Stripchat, XNXX, and XVideos for suspected breaches ...

The EU is planning a new parcel fee of two euros for direct imports from China. The proposal is particularly aimed at online ...

PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President ...

Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...

Meanwhile, a spokesperson for Shein says in a statement that the company is working with national consumers' authorities and ...

The Dow Jones Industrial Average adds 1.8%, while the S&P 500 gains 2.1% and the Nasdaq surges 2.5%. Plus: Tesla stock rises after Chief Executive Elon Musk says in a social-media post that he is ...

In response to a request from European Commission president Ursula von der Leyen, Trump said he's delaying EU tariff to July 9. Stocks cheer the news.

The Chinese owner of bargain-shopping app Temu reported sharply lower profit and its slowest revenue growth in three years, as tariffs threatened its business and increased merchant support weighed on ...

Shein risks potential fines after the European Union warned the e-commerce platform on Monday over a series of practices that infringe the bloc's consumer laws, from fake discount deals to misleading ...