Indy100 on MSN49m
Trump's tariffs hit Shein and Temu – here's how customers could be affected
Donald Trump signed an executive order to close a trade loophole on shipments from China, targeting major retailers like Shein and Temu. Cheap goods from China were previously exempt from such tariffs ...
Under Trump’s tariffs, your shopping at retailers like T.J. Maxx, Temu, and Wayfair could see a shakeup
The long-held strategy of trying to sell everything to everyone at bargain-basement prices is about to be tested like never ...
PDD's Pinduoduo Is Slowing Gradually; Temu Is Facing Challenges from Global Trade Protectionalism
As the middle- and upper-income classes in China grow and the economy recovers, demand for rapid delivery becomes the dominant consumption trend. This benefits JD.com more than Pinduoduo, which ...
U.S. tech giants are betting big on humanoid robots — but China's already ahead, analysts say
American tech giants are increasingly focusing on the humanoid robotics space, but analysts say they’re at risk of falling ...
Nomura moves to the sidelines on Pinduoduo parent over U.S. market qualms
PDD Holdings (PDD) was cut to "neutral" from "buy" at Nomura on Friday as uncertainties around its overseas operations ...
Upstream14d
Equinor reports income dip on low commodity prices
The operator reported total revenues of $103.8 billion last year, compared to $107.2 billion in 2023 on lower oil and gas prices, according to the company’s full-year 2024 results published on ...
Yahoo Finance14d
Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
(Reuters) - PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu ... measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates persistent ...
Wired14d
Low-Cost Drone Add-Ons From China Let Anyone With a Credit Card Turn Toys Into Weapons of War
So when researchers at the embedded-device security firm Red Balloon started seeing surprising quadcopter accessories on Chinese shopping platforms like Temu and ... and other reports that such ...
PDD Profit, Revenue Growth Likely Slowed in Fourth Quarter -- Earnings Preview
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 ...
digitalmarketreports14d
Forever 21 to Close All U.S. Stores, Cites Shein and Temu Competition
On Sunday, Forever 21 filed for bankruptcy protection for the second time in six years, blaming fast-fashion competitors Shein and Temu for its downfall ... competitors to offer products at much lower ...
Food Dive14d
Consumers worry tariffs will hit grocery prices the hardest: report
Amid the global trade war and the looming threat of more tariffs, 82% of surveyed U.S. consumers said they believe tariffs will affect the prices of essential goods, according to new findings by ...
Electrek14d
Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing [Updated]
Today, the Financial Times has released a new report pointing to a $1.4 billion gap in assets: Compare Tesla’s capital ... includes other companies like Temu. In 2022, CEO Elon Musk said that ...