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Temu’s U.S. sales slump is worsening as the online marketplace sharply reduces its advertising aimed at American consumers, reflecting a change in strategy following President Donald Trump’s move to ...
The PDD Holdings stock price remains in a bear market after falling by over 23% from its highest point since March this year.
Temu continued to suffer double-digit sales drop in the US as the online marketplace cut spending on advertising, adding to a ...
A data-storage deal with Oracle follows several states’ allegations that the bargain site could hand over user data to ...
PDD Holdings Inc. (NASDAQ:PDD) is one of the 13 Most Undervalued Retail Stocks to Buy Right Now. On June 4, Reuters reported ...
Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that widely undershot analysts’ estimates as the Chinese company grapples with the ...
PDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and ...
Temu decided to slash ad spending in the US and shift its order fulfillment strategy after the White House on May 2 ended the practice known as “ de minimis ” — which allowed Chinese companies to ship ...
Chinese e-commerce giant Temu has officially entered the Turkish market, launching local operations with an ambitious promise ...
Some items that had been removed from Temu’s US marketplace last month have been made available for sale in recent days.
has generated widespread uncertainty for global business Temu. “Radical change in external policy environments such as tariffs has created significant pressure for our merchants,” PDD chairman ...
Temu and its parent company are unlawfully collecting users’ sensitive information and deceptively misleading consumers, ...
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