With the baseline tariff set at 10 per cent for most nations and a steep 30 per cent levy on Chinese imports, the added cost ...

In an earnings call, Temu's parent company, PDD Holdings, said it would subsidize some merchants to help keep them afloat, ...

Morgan Stanley maintained its price target of $150 while reaffirming its Overweight rating on PDD Holdings Inc. (NASDAQ:PDD) ...

The decline comes as Temu faces new U.S. tariffs and the end of a duty exemption for low-value packages from China.

Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which allowed overseas fast-fashion firms to ship low-value packages into the ...

PDD’s stock tumbled as investments to fend off tariffs and competition lead to a big miss in quarterly earnings.

Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its ...

Some retailers in the US have cautioned that they won't, as Trump suggested, eat the additional costs caused by the increased ...

Adidas, Shein, are among 10 companies that will raise their prices as Donald Trump tariffs weigh on US imports amid the ...

There’s no denying it, says CNN, President Donald Trump’s sweeping worldwide tariffs are raising prices. “The list of ...

Some of the biggest retailers have announced increases on the price of their products to offset tariff costs. Here’s what we ...

I can’t afford to buy from Temu now, and I already couldn’t afford to buy in this country,” Scott said in late April. Two ...