Temu, a Chinese e-commerce platform, has come under scrutiny by the Competition Commission of Pakistan (CCP) over alleged ...

Temu, a Chinese e-commerce platform, has come under the radar of the Competition Commission of Pakistan (CCP) over alleged misleading practices that are said to distort the local market.Temu entered ...

Shares of the highflying, U.S.-listed PDD, parent of Temu, plunged 31% last week after the company unveiled results. The numbers themselves weren’t what spooked the market—they were decent.

Competition comes from rivals like fellow China-founded cut-priced fast-fashion retailer Shein, and as Amazon.com Inc. (AMZN) launched its own Amazon Haul store with products priced at $20 and under.

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...

The lawsuit is part of a broader push by Coleman’s office to challenge what he calls a growing threat from Chinese-owned ...

Reuters. FILE PHOTO: People shop at the Shein Holiday pop-up shop inside of Times Squares Forever 21 in New York City, U.S., November 10, 2023.REUTERS/David 'Dee' Delgado/File Photo ...

Officials across European Union even found recalled products listed for sale during their safety and compliance checks ...

After President Donald Trump whacked China with import tariffs up to 145%, Temu began making the added import tax visible to all customers at checkout for products shipped from China — with the ...

In particular, we estimate that Temu’s revenue growth slowed to 93% from 502% in the second quarter. On a sequential basis, Temu’s revenue growth stabilized at 4% in the quarter from 6% in the ...

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...