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PDD Holdings reported a 38% profit decline in the latest quarter compared to the year before. The company, which owns Temu, has been facing "radical change," its CEO said. Temu is also grappling ...
PDD on Tuesday reported a 47 per cent slump in first-quarter earnings amid slower sales growth, with results trailing market consensus. PDD’s Nasdaq-listed shares tumbled as much as 18 per cent ...
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 ...
PDD, the owner of Pinduoduo and Temu platforms, reported a 47 per cent slump in first-quarter earnings as growth in sales slowed, both trailing market consensus, a filing on Tuesday showed.
PDD Holdings Inc.'s significant Q1 earnings miss - marked by the steep plunge in Temu-driven transaction services ... post-pandemic macroeconomic slump and rising U.S.-China trade tensions.
PDD Holdings, 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.
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 ...
PDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and ...
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 ...
Temu's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China trade tensions intensify. The decline is attributed to escalating trade ...
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