PDD Holdings Inc. shares climbed after the owner of Temu reported a faster-than-expected 18% earnings rise, assuaging ...
Chinese companies cut back on the small packages they shipped to the US last month, as President Donald Trump looks to close ...
In February, the value of those packages fell by almost 5 per cent from a year earlier. Read more at straitstimes.com.
PDD Holdings fell as the Temu parent company's growth rate slowed further from triple-digit levels at the start of last year.
The ATA's chief economist also expects changing freight patterns in trucking if the USTR's proposed port fees on Chinese ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates ...
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...
Temu-owner PDD’s New York-listed shares (PDD) fell Thursday after the Chinese e-commerce giant reported slower-than-expected sales growth amid ...
U.S.-listed PDD fell 28% in the final quarter of 2024 but has since recouped some losses. Its American depositary receipts have risen 30% this year despite concerns about China's slowing growth, Trump ...
China relations for decades. Trump's 'America First' ideology could subvert efforts to preserve a tenuous peace in the region ...