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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 ...
Dollar Tree and Dollar General are struggling due to rising operating costs, supply-side inflation, and competition from online and bulk retailers. Dollar Tree's high gross margins may be an issue ...
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.
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Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.
Chinese seller Temu suffered a stinging drop in market value today following a poor earnings report, perhaps hampering its drive to get domestic U.S. brand ...
It's an alarming claim, which, if true, suggests that Amazon may not have to fight Temu so aggressively if its business model is unsustainable; Temu may need to raise prices sooner rather than later.
Earnings Results Temu parent PDD’s stock suffering a record plunge after revenue misses forecasts China-based company said profit will likely be hurt by plans to invest in the business, as ...
The stock of PDD Holdings, parent company of the fast-growing Temu shopping app, sank more than 30% on Monday, losing more than $50 billion in market value, after the e-commerce giant posted ...
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.
The U.S.-listed shares of Temu parent PDD Holdings Inc. were hit hard in early trading Thursday, after the China-based e-commerce company reported a quarterly profit that missed expectations by a ...