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Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.
By Deborah Mary Sophia and Casey Hall (Reuters) -E-commerce company PDD Holdings, which operates low-cost platforms Pinduoduo ...
E-commerce company PDD Holdings , which operates low-cost platforms Pinduoduo in China and Temu internationally, beat market ...
9h
Sourcing Journal on MSNNon-Profit Calls on USTR to Include Shein, Temu, AliExpress on Notorious Markets List
The Information Technology & Innovation Foundation said it found a slew of counterfeit goods on the three marketplaces.
The suit also accused Temu of falsely representing itself as a neutral marketplace for vendors when it instead exerts control ...
PDD Holdings Inc. posted better-than-expected results after China’s government ramped up stimulus to galvanize consumers and ...
PDD stock slipped even after the Temu parent beat earnings expectations. JD.com also reported a beat earlier this month.
The Chinese owner of bargain-shopping app Temu reported a smaller-than-expected profit decline in 2Q despite revenue growth ...
PDD Holdings Monday posted second-quarter results that overshot analysts’ estimates even as the parent of the Temu shopping ...
(Reuters) -Chinese e-commerce firm PDD Holdings beat market estimates for quarterly revenue on Monday, signaling a rebound in ...
7h
Free Malaysia Today on MSNTemu-owner PDD tops quarterly revenue estimates, margin squeeze continues
E-commerce firm PDD Holdings, which operates low-cost platforms Pinduoduo in China and Temu internationally, easily beat ...
PDD Holdings (PDD), the parent company of Temu, reported second quarter results that beat analyst expectations, boosted by ...
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