Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
Stock of the Day: Temu parent PDD falls 5% as revenue misses estimates and growth slows
The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...
Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% after intensifying domestic competition and US tariffs crimped ...
Houston Chronicle3d
Mall staple Forever 21 files for bankruptcy protection, again
Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies. F21 OpCo ...
Know Your Meme5h
Chess.com Rename the Bishop Controversy
The Chess.com Rename the Bishop Controversy refers to backlash over a joke posted by the chess.com X / Twitter account in ...
Houston Chronicle2d
FBI applauds Mexico's arrest and handover of '10 Most Wanted' gang figure
FBI Director Kash Patel said via X Tuesday that Roman Bardales was being transported within the U.S. He thanked Mexican authorities for their support. The arrest and swift handover came just weeks ...
Firstpost6d
Magnus Carlsen moves 50 points ahead of D Gukesh on Classical ratings after hat-trick of wins in Norwegian Team Championship
Norwegian chess legend Magnus Carlsen had in recent months expressed his disdain for the Classical chess format amid his feud with global governing body FIDE, opting instead to focus his attention on ...