PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants and hurt its bottom line.

Temu reported slow revenue growth and plunging profit after President Trump ended ... in consumer spending and a real estate market slump, as well as strong competition from peers Alibaba Group ...

The Chinese owner of bargain-shopping app Temu reported sharply lower quarterly profit and its slowest revenue growth in three years as tariff barriers threatened its business and increased ...

PDD's quarterly revenue rose to a less-than-expected 95.67 billion yuan, equivalent to $13.3 billion. Net profit fell to 14.7 billion yuan, widely missing consensus estimates. PDD's American ...

the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit as Chinese consumers continued to hold back amid an economic slowdown. US-listed ...

Chinese e-commerce firm PDD Holdings (PDD.O), saw first-quarter net profit fall 47 per cent to ... widespread uncertainty for global business Temu. “Radical change in external policy ...

Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion ... has generated widespread uncertainty for global business Temu. “Radical change in external policy ...

PDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and ...