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Revenue Boost for Temu Owners

» Updated: 03 October 2024, 06:23

» Published: 26 August 2024

Revenue Boost for Temu Owners
Photo: Thomas Traasdahl/NTB/TT

The Chinese company PDD Holdings, which is behind the e-commerce platform Temu, reports a significant revenue increase. During the second quarter, revenues amounted to approximately 4.4 billion dollars, approximately 44.9 billion Swedish kronor. This is an increase of 144 percent compared to the same period last year.

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By TTThis article has been altered and translated by Sweden Herald

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