PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first ...

Chinese e-commerce firm PDD Holdings (PDD.O), saw first-quarter net profit fall 47 per cent to 14.74 billion yuan ($2.05 ...

Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which allowed overseas fast-fashion firms to ship low-value packages into the ...

PDD Holdings on Tuesday said its first-quarter revenue rose 10% from a year earlier to 95.67 billion yuan, equivalent to $13.31 billion. That marked its slowest top-line growth since the first quarter ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...

Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic ...

Meituan, China's leading food delivery service, reports a significant profit increase but warns of volatility due to intense ...

Chinese on-demand local services giant Meituan posted an 18.1 per cent year-on-year surge in revenue for the first quarter, ...

Amid the competition, Meituan has been looking to expand overseas to bolster growth. The company plans to invest $1 billion to launch its Keeta food-delivery service in Brazil, looking to replicate ...

SHANGHAI] China’s leading food delivery group Meituan on Monday (May 26) reported net profit for the first quarter of 10.9 ...