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Temu owner sees profit plunge
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Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that ...
PDD Holdings' Q1'25 miss is a temporary setback. Trade normalizing efforts boost international growth. Find out why I ...
Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight.
PDD’s stock tumbled as investments to fend off tariffs and competition led to a big miss in quarterly earnings.
Barclays used third-party estimates of Temu’s gross merchandise volume (GMV) to conclude that its revenues were below the ...
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