The Gen Z favorite alleges that Temu and its sellers are hawking counterfeits branded with its intellectual property.

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.

Temu parent’s stock tumbles after a big earnings miss as competition intensified Per-share profit missed expectations for the first time in seven quarters, and by the widest margin in nearly 4 years ...

On the stock market today, U.S.-listed PDD stock fell more than 10% to 104.20 in recent action. PDD Stock Slumping In 2024. PDD stock surged 80% last year.

Temu Owner PDD’s Profit Slides as Woes in the U.S. and China Sink In Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022 By ...

Reuters. The logo of Temu, an e-commerce platform owned by PDD Holdings, is seen on a mobile phone displayed in front of its website, in this illustration picture taken April 26, 2023.

Because the new tariffs would be more costly than the products themselves, Temu is adding “import charges” on Chinese imported goods. VIEW E-EDITION 25¢ for 3 mos ...

Brad Sell, CFO of F21 OpCo, pointed to intense competition from international fast-fashion retailers like Shein and Temu, operated by PDD Holdings, Inc. PDD, as one of the main factors leading to ...

Our fair value estimate is USD 150 per ADS. Our valuation implies 10.3 times 2025 P/E. We forecast PDD’s China GMV to rise by a CAGR of 5% in the next decade, helped by increasing shopping ...

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 ...