I was accosted by a Big W Father’s Day card stand back in July and now you can hardly move through a mall without feeling obliged to “celebrate Dad” with a novelty BBQ item or stubby holder ... an ...
Launched in late 2022, the ecommerce Temu app has soared to success today, with 167 million monthly active users worldwide. It’s incredibly popular in the US right now: One in every three ...
Online fast-fashion giant Shein is suing their rival Temu over copyright infringements— the newest update in the ongoing feud between the two Chinese-linked marketplaces. Shein—which was ...
Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in ...
PDD, which is facing a merchant backlash, plans to support high-quality sellers. Temu parent PDD Holdings' stock plunged after the Chinese e-commerce giant signaled a bleak outlook. PDD stock fell ...
American depositary receipts (ADRs) of Chinese e-commerce company PDD Holdings are plunging in premarket trading Monday after the parent of discount marketplace Temu posted lower-than-estimated sales.
The U.S.-listed shares of Temu parent PDD Holdings Inc. were having their worst day ever, after the China-based e-commerce company reported second-quarter revenue that fell well short of ...
Shein Sues Temu Over Copyright Infringements as the Legal Feud Between the Two Companies Heats Up Online fast-fashion giant Shein has filed another lawsuit against ...
(Bloomberg) -- PDD Holdings Inc.’s shares fell the most on record after Temu’s owner warned that revenue growth will inevitably dwindle, highlighting the challenges of sustaining its pace of ...
Lei Chen, co-CEO of Chinese Temu parent PDD Holdings, has a name for them: "rational" consumers. Those consumers, Chen said, are making more "thoughtful" decisions about balancing value and quality.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Temu has changed the world of online shopping. Its rapid growth means it rivals Amazon in many markets.
The Biden administration announced on Friday that it was taking new action against Chinese online companies like Temu and Shein. China-founded e-commerce platforms have been accused by the White ...