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ADR shares of PDD Holdings ($PDD), parent of retailer Temu, dropped more than 3% after United States Postal Service announced ...
PDD Holdings Inc. (NASDAQ: PDD) shares are moving lower Wednesday as the company faces increased scrutiny from U.S. regulators and new trade restrictions that could impact its business model.
The USPS did not cite any reason for the temporary suspension. The halt followed US President Donald Trump's decision to do ...
U.S.-listed Chinese stocks like Alibaba, Baidu, JD.com, PDD Holdings, NIO, Li Auto, and XPeng dropped amid reports of Trump's ...
Amazon.com Alibaba and Temu parent PDD Holdings were among the e-commerce stocks tumbling on Wednesday after the U.S. Postal Service said it would temporarily suspend all inbound parcels from mainland ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider product ...
Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.
The U.S. Postal Service suspends inbound packages from China and Hong Kong, impacting e-commerce companies and their revenue.
The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong.