Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.…
Tag: Temus
Temu’s Q2 Boom Driven by EU and Latin America, Under PDD’s Leadership
PDD Holdings Inc. (NASDAQ:PDD) is one of the top e-commerce stocks with long-term potential. On July 4, Temu, the global…
Retailer Temu’s daily US users halve following end of ‘de minimis’ loophole
By Casey Hall, Arriana McLymore SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell…
Temu’s Chinese owner sees profits plunge as tariff war bites
PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US…