Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion sector.
On Sept. 2, TikTok user @froginahatgirl posted a video about a peculiar experience with a lamp purchased from discount online marketplace Temu. The video has spread like wildfire throughout the ...
Temu offers users a seemingly endless stream of cheap products, covering everything from knick-knacks to fast fashion clothing to more knick-knacks. The low prices and frequent deals make the ...
Temu, a platform owned by Chinese e-commerce company PDD Holdings, alleged in a previous lawsuit that Shein compelled clothing manufacturers to submit to unfair supply chain arrangements in order ...
The U.S.-listed shares of Temu parent PDD Holdings PDD were down about 4% on Friday morning, after the Biden-Harris administration announced it’s proposing to take regulatory actions to cut down ...
The entry of Chinese e-commerce behemoth Temu is affecting Thailand Post's logistics service for other e-commerce platforms as its volume declined by 20-50% per day from July, said the company.
The White House has announced new measures – largely aimed at Chinese e-commerce platforms like Temu and Shein – to reduce the range of low-value imports eligible for duty and tax exemptions ...
Temu, a platform owned by Chinese e-commerce company PDD Holdings, alleged in a previous lawsuit that Shein compelled clothing manufacturers to submit to unfair supply chain arrangements to ...
Temu, which surged in popularity in the US because of its cheap clothing and home decor items, fines merchants if they receive refund requests or customer complaints. "We sense PDD highlighting ...
The U.S.-listed shares of Temu parent PDD Holdings Inc. were having their worst day ever, after the China-based e-commerce company reported second-quarter revenue that fell well short of ...