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Temu owner sees profit plunge

Temu Owner PDD’s Profit Slides as Woes in the U.S. and China Sink In

PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a drastically different tariff environment in the U.S. added to challenges at home.

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Temu-owner PDD Holdings profit dives as it faces challenges amid trade war

MyJoyOnline · 2h

Temu’s Chinese owner sees profits plunge as trade war bites

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Temu parent is using coupons, lower fees to help smooth the costs of Trump’s tariffs

Shares of Temu parent PDD Holdings Inc. took a deep dive in Tuesday’s trading after the e-commerce company missed quarterly earnings expectations by a wide margin, citing the costs to help shield merc...

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Stock Movers: PDD, Trump Media, Apple

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Alibaba Vs. PDD Holdings: There's Only One Winner In The Tariff Standoff

1don MSN

PDD Holdings Stock Sinks as Temu Parent's Results Come Up Well Short

Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that widely undershot analysts’ estimates as the Chinese company grapples with the trade war.

U.S. Tariffs, Competition in China Hit Temu Owner PDD

PDD, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a sharply different tariff environment in the U.S. added to challenges at home.

Guerra comercial golpea resultados de la china PDD, dueña de Temu

Las acciones de PDD Holdings Inc., propietaria de Temu, se desplomaron en EE.UU. después de que sus ventas y ganancias trimestrales no alcanzaran estimaciones, lo que pone de relieve cómo las tensiones comerciales entre Pekín y Washington están afectando a su negocio.

Colin Huang Suffers $5.7 Billion Wealth Plunge As PDD’s Growth Falters

Colin Huang, founder of Chinese e-commerce behemoth PDD Holdings, saw his fortune shrink $5.7 billion overnight.