PDD Holdings (PDD) investors have endured a frustrating year, with the stock languishing despite blockbuster earnings–a ...

Amid the recent news of Forever 21 going into administration and closing all of its US stores, questions rise over whether ...

Memphis-based FedEx lowered its fiscal 2025 profit forecast on Thursday and now expects adjusted earnings per share between ...

Temu wants to boost its US seller base, and it's looking to e-commerce giants like Amazon for talent.

The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after ...

The latest bankruptcy proceedings, which formally began on 17 March 2025, will see the brand closing all its U.S. stores starting on 27 May, with liquidation sales expected to conclude by 10 June.

The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...

Temu-owner PDD’s New York-listed shares (PDD) fell Thursday after the Chinese e-commerce giant reported slower-than-expected sales growth amid ...

(Reuters) - PDD Holdings, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, ...

The company will wind down the business in the U.S. while determining if it can continue with a partner, or if it will sell ...