Temu continues to captivate global consumers, some of whom may have started using the marketplace to search for cheaper versions of wares sold on Amazon. New data from Omnisend shows that 77 percent ...
U.S.-listed PDD fell 28% in the final quarter of 2024 but has since recouped some losses. Its American depositary receipts have risen 30% this year despite concerns about China's slowing growth, Trump ...
Eight years ago, the biggest online shopping platforms were eBay, Etsy, Redbubble and Catch.com.au – but it’s different now.
PDD Holdings' fourth-quarter revenue grew 24% year on year, a deceleration from 44% in the third quarter. Online marketing revenue growth slowed to 17% from 24%, EBIT growth declined to 14% from ...
The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after ...
Consumers trying to navigate these prices are not only looking for ways to get more with less — they’re trying to live ...
As its user base balloons, should brands risk getting involved? The rise of Chinese cut-price marketplace Temu in the UK has been meteoric. Its highly gamified, promotions-plentiful app – which ...
Temu and Pinduoduo parent PDD Holdings Inc (NASDAQ:PDD) reported lower-than-expected fourth-quarter earnings and revenue ...
"The fact that 86% of consumers are aware of or have interacted with Temu in some way within a relatively short timeframe of ...