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Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared with March, according to market intelligence firm Sensor Tower, one of many headwinds ...
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 ...
Daily US users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is facing ...
The next, you’re not just collateral damage in a trade war — you’re Temu, a specific target marked for destruction. What do you do? Quite a few things, and quickly. You and your sellers ...
SHANGHAI/NEW YORK, June 2 (Reuters) - (This June 2 story has been corrected to fix the percentage of daily US Temu users lost, in the headline and paragraph 1) Sign up here. Temu decided to slash ...
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 U.S. and China, followed by a temporary 90-day de-escalation, has generated widespread uncertainty for global business Temu. "Radical change ...
SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings' global discount e-commerce platform Temu fell by 48% in May compared to March, according to market intelligence firm Sensor Tower ...
Daily U.S. users of PDD Holdings’ PDD-Q global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is ...
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump's tariffs on Chinese imports and the closure of the de minimis loophole ...