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 ...

Shares of Temu parent PDD Holdings Inc. took a deep dive in Tuesday’s trading after the e-commerce company missed quarterly earnings expectations by a wide margin, citing the costs to help ...

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.

PDD's quarterly revenue rose to a less-than-expected 95.67 billion yuan, equivalent to $13.3 billion. Net profit fell to 14.7 billion yuan, widely missing consensus estimates. PDD's American ...

Amazon may have walked back plans to display import costs at the digital checkout to consumers — but Chinese company Temu initially went the opposite way. After President Donald Trump whacked ...

Hours after a key US tariff exemption expired on Friday, Chinese e-commerce site Temu announced it was overhauling its shipping model, sending out all American sales via US-based sellers.

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days, Temu has abruptly ...

Temu, the U.S. shopping app owned by PDD Holdings (NASDAQ:PDD), is making a bold pivot that could reshape its growth trajectory. After gaining traction with ultra-low-cost Chinese imports, the ...

Temu is ceasing direct Chinese exports to the US, shifting to a local fulfillment model. The change follows the closure of a trade loophole allowing duty-free imports under $800. Higher prices are ...