Amazon's pricing dominance and tariffs have hindered Temu's efforts to rebuild its U.S. retail strategy. It must ...

Carter's sales improved as Temu and Shein are facing massive issues. The market is overly focused on tariff uncertainty, ...

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 ...

Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion sector.

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’s Parent, a Victim of Competition or Its Own Success? PDD suddenly lost a third of its value following a cautious outlook; its founder had briefly become China’s richest man. By .

PDD stock tumbled after the Pinduoduo and Temu parent reported slower-than-expected revenue growth, saying competition is intensifying.

Chart created using Benzinga Pro. The PDD share price of $139.07 is above the 20-day simple moving average (SMA)of $137.66, the 50-day SMA of $137.63 and the 200-day SMA of $133.79, all signaling ...

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 ...

Shares of Temu parent PDD Holdings dropped nearly 30% on Monday after the Chinese e-commerce giant warned its revenue will likely falter amid intensifying competition in the fast-fashion sector.