PDD (PDD) shares are plunging as sales of Chinese online retailers Temu — which is owned by PDD Holdings — and Shein dropped ...

Throughout his 2024 campaign, President Donald Trump promised that he would impose steep tariffs on other countries, and now, ...

Trump has also hiked tariffs on Chinese imports to 145%, with US consumer confidence — already squeezed by cost-of-living ...

China-based Temu and Shein, two of the most disruptive new entrants in recent U.S. e-commerce history, are preparing for a ...

DDM reported 1% Q1 revenue growth, citing traffic downturns Google’s AI search results and soft advertising demand due to ...

Shoppers who love bargains on Temu are finding much more limited selections, as the company has stopped shipping items directly from China.

PDD Holdings invests RMB 100bn to boost growth, while Temu adapts to US trade tensions. Click here to read an analysis of PDD ...

That strategy change came as the firms rushed to prepare for last Friday, when President Trump ended a popular trade loophole ...

Temu warned that product prices would rise due to new tariffs. Now, he announced he will suspend shipments to the U.S.