Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022…
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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion)…
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