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

US-listed shares of PDD Holdings fell over 13% on Tuesday as the firm said its profit had almost halved.

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Jun 5, 2025 - 01:33
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Temu's Chinese owner sees profits plunge as trade war bites
US-listed shares of PDD Holdings fell over 13% on Tuesday as the firm said its profit had almost halved.
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