The Gen Z favorite alleges that Temu and its sellers are hawking counterfeits branded with its intellectual property.

Temu parent’s stock tumbles after a big earnings miss as competition intensified Per-share profit missed expectations for the first time in seven quarters, and by the widest margin in nearly 4 years ...

One of the more interesting trends is the shift in consumer spending away from discretionary goods (52-55% in 2023) to consumables, seeing discretionary fall to <50% this year.

Temu Owner PDD’s Profit Slides as Woes in the U.S. and China Sink In Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022 By ...

Because the new tariffs would be more costly than the products themselves, Temu is adding “import charges” on Chinese imported goods. VIEW E-EDITION 25¢ for 3 mos ...

On the stock market today, U.S.-listed PDD stock fell more than 10% to 104.20 in recent action. PDD Stock Slumping In 2024. PDD stock surged 80% last year.

Reuters. The logo of Temu, an e-commerce platform owned by PDD Holdings, is seen on a mobile phone displayed in front of its website, in this illustration picture taken April 26, 2023.

Amazon invests $25B in robotics-led warehouses to cut costs and compete with rivals like Temu. Amazon's AI-driven warehouse automation could save $10B annually by the decade’s end, says Morgan ...

Brad Sell, CFO of F21 OpCo, pointed to intense competition from international fast-fashion retailers like Shein and Temu, operated by PDD Holdings, Inc. PDD, as one of the main factors leading to ...

LONDON (Reuters) - Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at London's High Court, with the rivals trading allegations of copyright infringement and anti ...

One primary reason for Forever 21's bankruptcy filing is competition from Shein and Temu, something the head of Authentic Brands, the fast fashion retailer's brand and intellectual property owner ...