PDD holdings

China’s PDD Suffers $55 Billion Market Cap Wipeout | Business Matters (Aug. 27)

Chinese e-commerce giant Temu blindsided investors Tuesday. Parent company PDD Holdings reported missed revenue and a gloomy outlook as a result of consumers cutting back. In China, money is tight ...

August 27, 2024BY Don Ma
Chinese Shopping App Temu Faces US Scrutiny Over Data Security

News Analysis Chinese e-commerce company Pinduoduo’s cross-border platform Temu is expanding rapidly worldwide, especially in the U.S. market. ...

March 29, 2024BY Shawn Lin and Olivia Li
Chinese Owner of Temu Moves HQ to Ireland as Consumers Increasingly Wary of China

Chinese e-commerce giant PDD Holdings, which owns the online shopping platform Temu, has moved its official headquarters to ...

May 14, 2023BY Alex Wu

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