Temu, a Chinese e-commerce platform, has come under the radar of the Competition Commission of Pakistan (CCP) over alleged misleading practices that are said to distort the local market.Temu entered ...

Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion sector.

Chinese sellers on overseas shopping sites, from Temu to Amazon.com, are struggling to turn a profit during this year's Black Friday sales, as fierce competition and narrowing margins take a toll ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...

Temu’s Parent, a Victim of Competition or Its Own Success? PDD suddenly lost a third of its value following a cautious outlook; its founder had briefly become China’s richest man. By .

Now that Shein and Temu are on the hook for existing duties they once bypassed, plus the new 10% tariff imposed by Mr. Trump, and potentially taxes collected by customs authorities, those added ...

Temu is an online shopping hub that covers over 250 retail categories. Is it worth your clicks and taps? Here’s everything you need to know about the platform.

Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at ... Temu gear up for 2026 UK trial over copyright and competition claims. By Reuters. November 5, 2024 12:10 PM UTC ...

One of the more interesting trends is the shift in consumer spending away from discretionary goods (52-55% in 2023) to consumables, seeing discretionary fall to <50% this year.

Temu did not respond to a request for comment on the drop in U.S. daily users or the headwinds it faces in the U.S. market. Engagement on Temu has dropped significantly following the end of the ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...