Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
(Bloomberg) -- PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% after intensifying domestic competition and US tariffs crimped its expansion. ...
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EU to make Temu, Shein and Amazon liable for ‘unsafe’ goods, FT reports
(Reuters) - The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace liable for ...
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Chinese apps including TikTok hit by privacy complaints in Europe
Online privacy campaigners said Thursday they had filed complaints in several European countries against six Chinese companies including TikTok, accusing ...
Read moreDetailsTemu Owner PDD’s Sales Slow Sharply After China Market Sputters
(Bloomberg) -- PDD Holdings Inc. reported sales that missed estimates, lending weight to fears that China’s slowdown is hurting its ...
Read moreDetailsTemu Faces Second EU Probe for Misleading Sales Practices
(Bloomberg) -- Temu is at risk of being fined for breaching European Union consumer-protection law, adding to the e-commerce platform’s ...
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