Temu

Temu owner PDD sees shares plummet 29% despite strong Q2 results

Temu owner PDD holdings saw its shares plummet 29%, wiping out $55bn (£41.6bn) off the company’s market value, after its…

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EU proposes new custom duties to curb Chinese imports

The EU has reportedly drawn up plans to impose custom duties on cheap products from Chinese online retailers such as…

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Dr Martens sues Temu over alleged Google ad trademark infringement

Dr Martens, the British footwear brand, has filed a lawsuit against online retailer Temu last week, over a trademark infringement,…

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Temu revenues double to £27bn in FY23

Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year…

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