Why is Southwest ending free checked bags?
How did Trump’s tariffs affect Tesla sales?
What’s behind Nissan’s $7 billion UK-backed funding?
Why is SpaceX’s Starship launch repeatedly failing?
How will Salesforce’s $8B Informatica deal impact AI?
Why is US consumer confidence rebounding now?
What caused PDD’s profits to plunge amid tariffs?
How are EU tariff delays influencing US markets?
What are the effects of Trump cutting Harvard contracts?
Temu Owner PDD’s Profit Nearly Halves as Revenue Growth Slows to Three-Year Low
wsj.com/business/earnings/temu-owner-pdds-profit-nearly-halves-as-revenue-growth-slows-to-three-year-low-5f2ee53ePDD Holdings’ bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and increased merchant support weighed on its bottom line.
This story appeared on wsj.com, 2025-05-27 11:20:00.