With its low-cost, direct-from-manufacturer model, Chinese e-commerce giant Temu has entered the Nigerian market, challenging local players such as Jumia, Konga, and Jiji. Analysts predict this ...

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.

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.

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

Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad By Deborah Mary Sophia and Casey Hall March 20, 2025 2:14 PM UTC Updated March 20, 2025 ...

China-based company said profit will likely be hurt by plans to invest in the business, as competition intensifies Last Updated: Aug. 26, 2024 at 10:48 a.m. ET First Published: Aug. 26, 2024 at 6: ...

On the stock market today, PDD stock fell 28.4% to close at 100, gapping down well below its 50-day and 200-day lines. PDD Leadership Expects 'Short-Term Sacrifices' ...

Dollar Tree is closing underperforming stores and pivoting away from high-theft areas and items, but it has not proven its ability to retain a moat. Learn more on DLTR stock here.

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-competitive behaviour in ...

The parent company of Temu and Pinduoduo reported revenue of 97.1 billion yuan (US$13.6 billion) for the period ending June 30, which grew by 86% year over year.

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 ...