News

During the 12 months ended July 31, 2024, revenue rose 24% to $685 million on $62 billion in gross transaction volume ... be valued at $90 billion. Temu, a similar Chinese discount e-commerce ...
Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% on Tuesday after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit. The dismal quarterl ...
(NEXSTAR) – What’s not to love about a part-time, well-paid job “assisting TEMU merchants with product reviews”? A lot, it turns out, according to people who posted their experiences online.
Revenues from online marketing services and others rose 15% Y/Y to $6.71 billion, and revenues from transaction services ... e-commerce platforms like Temu and Shein, which had previously ...
Temu's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China trade tensions intensify. The decline is attributed to escalating trade ...
Temu is gaining trust with shoppers as it caps its second year in the UK, with more than 80 percent of respondents in a new survey saying that the platform offers good value for money. Consumers ...
If the moves hold, that would mark one of the biggest selloffs in PDD's history: The results come as the company faces a major setback to its ambitions for its Temu shopping platform, which has ...
Investing.com -- Temu owner PDD Holdings Inc DRC (NASDAQ ... slightly ahead of the RMB47.99 billion estimate. Meanwhile, transaction services revenue disappointed at RMB46.95 billion, short ...
Temu, owned by the Chinese e-commerce company PDD Holdings, and Shein, now based in Singapore, said in separate but nearly identical notices that their operating expenses went up "due to recent ...
President Trump moved to close a loophole that has fueled a boom in cheap goods being shipped from China to the U.S. WSJ’s Jonathan Cheng traveled to the world’s largest wholesale market to ...
Meanwhile, a tit-for-tat tariff escalation between the United States and China, followed by a temporary 90-day de-escalation, has generated widespread uncertainty for global business Temu.