Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
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Forever 21 to Close All U.S. Stores, Cites Shein and Temu Competition
Forever 21 filed for bankruptcy protection for the second time in six years, blaming fast-fashion competitors Shein and Temu ...
Forever 21 store closures accelerated by competition from Shein and Temu
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
Forever No More. Operator of mall staple Forever 21 files for bankruptcy protection
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S.
Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Forever 21 files for bankruptcy for second time
Forever 21 Inc. ’s U.S. retail operator has filed for bankruptcy after being hit by rising inflation and intense competition ...