Temu
Hedge funds may lose billions from Temu owner PDD’s stock crash
CONCENTRATED bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in its shares following downbeat...
Temu owner’s founder loses spot as China’s richest person after 18 days
COLIN Huang’s reign as China’s richest person only lasted about two weeks.A slump on Monday (Aug 26) in shares of PDD Holdings, the parent company of e-commerce giant Temu,...
Temu owner’s founder loses spot as China’s richest person after 18 days
COLIN Huang’s reign as China’s richest person only lasted about two weeks.A slump on Monday (Aug 26) in shares of PDD Holdings, the parent company of e-commerce giant Temu,...
Sea raises seller fees to above TikTok, Temu to lift margins
SEA’S Shopee has raised the commissions it charges merchants in many core markets by about a third since the start of the year, underscoring the South-east Asia e-commerce leader’s...
Hundreds of China merchants join protest against Temu over fines
HUNDREDS of merchants staged a rally at PDD Holdings’ offices in southern China this week, protesting what they called unfair penalties that Temu’s owner is increasingly levying.
The suppliers, mainly...
EU takes aim at China’s Temu and Shein with proposed import duty: FT
THE European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu and Shein, the Financial Times reported on Wednesday,...
Amazon plans discount web store in effort to counter Temu, Shein
AMAZON.COM plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts such as Temu...
Temu lures more repeat customers than EBay, pressures Amazon
LESS than two years after its US debut, Chinese e-commerce upstart Temu is attracting more repeat shoppers than eBay, an e-commerce pioneer that has been around for almost three...
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