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(Reuters) -Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its ...
The company is in the crosshairs of President Donald Trump’s tariffs on imports, particularly from China, which specializes ...
Chinese e-commerce firm PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic ...
Both Pinduoduo and global site Temu leverage PDD's extensive network of suppliers in China to provide products at low prices.
US consumer sentiment rebounded in late May from one of the lowest readings on record earlier in the month and long-term ...
It’s unclear whether the shift away from Temu and Shein will continue. It depends largely on how consumer sentiment fares over the next few weeks and whether the “de minimis” tariff remains ...
Sentiment ended a four-month slide in May amid changing U.S. tariff policy, but the survey showed that consumers are still ...
Consumers see the outlook for the economy as no worse at the end of May than they did in April. But they are worried about ...
US consumer sentiment tumbled further in May as the impacts of President Trump's tariff policies remained top of mind for Americans. The latest University of Michigan survey released Friday showed ...
Consumer sentiment dipped slightly in May, marking a nearly 30% decline since January 2025. Worsening personal finances and political divisions contributing to the ongoing pessimism. Tariffs and ...
The numbers: The second of two readings of the consumer sentiment survey improved to 52.2 in late April from 50.8 earlier in the month, after the White House partially paused reciprocal tariffs ...
as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies. The US-listed shares of the company fell ...