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PDD Holdings

Temu's owner shows its hand

Increased domestic competition is affecting the parent company of the e-commerce site Temu, PDD Holdings. The company's revenues for the latest quarter increased by 44 percent compared to the same period in 2023.
Temu's owner shows its hand

Weak start to the US week

Trading on the New York Stock Exchange fell slightly on Monday. The broad S&P 500 index fell 0.
Weak start to the US week

Revenue Boost for Temu Owners

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.
Revenue Boost for Temu Owners

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