News

Temu, known for offering rock-bottom prices on a rage of goods, may be the latest company to feel the pinch from President Donald Trump's broadening tariff on international goods. Considering that ...
Editor's note: Click here for the latest on tariffs facing Shein and Temu. Known for selling products ranging from clothes to furniture at cheap prices, Shein and Temu have attracted American ...
(Reuters) - PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts ...
Temu, which launched in the U.S. 2022, and Shein, which also entered the market that same year, have capitalized on China’s low manufacturing costs and tariff-free import practices.
U.S.-listed shares of PDD Holdings (PDD) rose Thursday after the parent of the Temu shopping app posted a higher quarterly profit even though it missed sales estimates as Chinese consumers pulled ...
Since 2022, Temu has rapidly grown in popularity, with its direct-from-factory model passing savings to consumers. A benchmarking study by the London-based Centre for Economics and Business ...