Temu's Chinese owner sees profits plunge as tariff war bites

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Temu's Chinese owner sees profits plunge as tariff war bites

bbc.com/news/articles/cy8dvywypp2o

Temu's Chinese owner sees profits plunge as trade war bites
PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President Donald Trump's trade policies added to its struggles in its home country.
US-listed shares of the…

This story appeared on bbc.com, 2025-05-28 07:08:35.311000.