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PDD's revenue for Q1 came in at 95.7 billion yuan ($13.3 billion), falling short of the 101.6 billion yuan projection from analysts earlier in the year.
Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...
With all the confusion around tariffs and their implementation, increasing numbers of buyers have been turning to resale ...
Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings ...
JPMorgan has reaffirmed its Neutral rating on PDD Holdings Inc. (NASDAQ: PDD) while lowering the price target from $125 to ...
Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight.
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a ...
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022.
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PCMag on MSNTemu Has a New Idea for How to Avoid Tariff Sticker ShockIn an earnings call, Temu's parent company, PDD Holdings, said it would subsidize some merchants to help keep them afloat, ...
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 ...
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