Shares of the highflying, U.S.-listed PDD, parent of Temu, plunged 31% last week after the company unveiled results. The numbers themselves weren’t what spooked the market—they were decent.

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 ...

Amazon invests $25B in robotics-led warehouses to cut costs and compete with rivals like Temu. Amazon's AI-driven warehouse automation could save $10B annually by the decade’s end, says Morgan ...

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 ...

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.

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 ...

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 a low-cost online marketplace that has had the temerity to achieve popularity with American buyers while also being Chinese. In response to Temu’s achievements in the world’s most ...

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.

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.

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 .