Catenaa, Monday, August 25, 2025- Chinese e-commerce firm PDD Holdings, which owns Temu, exceeded market estimates for quarterly revenue on Monday, showing a rebound in domestic demand and international business. The Chinese government has been seeking to boost domestic consumption to revive a sluggish economy that is navigating several pressures, including a weak property sector […]
Catenaa, Friday, March 21, 2025– E-commerce giant Temu parent company PDD Holdings revenue grew by 24% in the December quarter, the company said on Thursday, missing the market estimates with low domestic demand and US Tariffs. The e-commerce company reported revenue of 110.6 billion yuan ($15.3 billion) for the December quarter, compared with LSEG analysts’ […]