Tag : PDD Holdings Inc

World News

Hedge fund giant Bridgewater pares China bets, offloading stakes in Alibaba and Baidu

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Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg...
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Amazon’s gloomy earnings forecast overshadows better-than-expected results

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Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon shares slid...
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Temu and Shein face massive tariffs. But don’t count them out of the U.S. e-tail scene, experts say

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The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein’s business model in the United States. And yet the...
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Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

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Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump‘s tariffs....
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Chinese consumer companies signal spending is picking up again

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Shoppers line up to shop at a Laopu Gold outlet in Deji Plaza in Nanjing, China, on Feb. 21, 2025. Fang Dongxu | Feature China...