From Dublin raids to U.S. tax changes, cross-border hurdles hit Temu’s rapid global expansion and PDD’s bottom line
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PDD's stock has shed more than 30% of its value since a November 2025 peak. Photo: VCG
Temu parent PDD reports mixed Q1 2026 results: Revenue rises 11% to $15.4B, while adjusted net income falls 17% amid fierce…
The e-commerce giant’s American depositary shares fall to a one-year low after the company reported a 15% drop in first-quarter…
PDD reported revenue of US$14.53 billion during the second quarter ended June, up 7 per cent from a year earlier.
Increased spending on supply chains and merchant support also weighed on its 2025 results.
Minor penalty for missing merchant data filing fuels investor optimism that regulatory risks are receding
Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic…
