• Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad - The Business Times

    Source: Buzz FX / 27 May 2025 20:36:34   America/Los_Angeles


    [SHANGHAI] Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic platform suffered from intense local competition and its international business was hit by gl
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