(Yicai) May 28 -- Shares of PDD Holdings tumbled after the Chinese owner of discount shopping sites Temu and Pinduoduo reported a 47 percent profit drop for the first quarter of this year, mainly ...

KEY TAKEAWAYS Shares of PDD Holdings are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that widely undershot analysts’ estimates as the Chinese company ...

PDD Holdings PDD -1.41%, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first quarter, as a drastically different tariff environment in the U.S ...

PDD Holdings shares are sinking in premarket trading on Tuesday after the parent of the Temu shopping site posted first-quarter results that widely undershot analysts' estimates as the Chinese ...

One woman ordered pink cooking pans on Temu. When she received them, however, she was shocked to see how flexible they were. And not in a good way.

E-commerce platform Temu, best known for selling cheap products from China, announced it halted shipments to the U.S. Here's why.

Hours after the de minimis exemption went defunct, Chinese e-commerce site Temu made an announcement: it was overhauling its shipping model and handling all US sales via US based sellers.

Temu is abandoning the model centered around cheap Chinese imports that catapulted it to success in the U.S. Read more.

Amazon may have walked back plans to display import costs at the digital checkout to consumers — but Chinese company Temu is going the opposite way.

The American version of Temu abruptly began to show only “local” products days before the Trump administration was set to end a tariff loophole for small packages from China.