Shares in GoTo, whose business includes ride-hailing, delivery and financial services, tumbled 8.3 per cent after the announcement, as some investors took profit from the stock’s recent rally on expectations …
Temu, the fast-growing Chinese e-commerce platform selling US$4 home decor and US$10 shirts, is successfully taking on US dollar stores including industry leader Dollar General, according to the latest market …
A United States court has granted preliminary injunctions to Temu, owned by Shanghai-based PDD Holdings, against phishing sites in the latest development in its legal action against websites that impersonate …
Alibaba.com, the international business-to-business wholesale marketplace of Alibaba Group Holding, expects the roll-out of a new artificial intelligence (AI) tool to help the platform’s merchants automate their client-facing operations, including …
Back in 2016, the US raised the duty exemption threshold for low-value imports from US$200 to US$800 under its de minimis rule. For importers, it meant that millions of small …
China showcased its ambitions and capabilities in shaping the future of global digital trade as it kicked off a major digital trade expo on Wednesday, promoting some of its most …
A $5.93 mobile phone holder seemed like a gamble worth taking for Michelle Zhang. During the past year, she has become a regular shopper on the cut-price ecommerce app Temu, …
CHINESE mega-store Temu has been accused of selling dangerous and ‘illegal’ weapons without age checks, according to a Which? investigation. Consumer organisation Which? allegedly found axes, switchblades disguised as key …
Fast-growing online marketplace Temu, owned by Shanghai-based PDD Holdings, has filed a lawsuit against 20 websites in the United States for cybersquatting and offering unauthorised coupon codes, while the e-commerce …
Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the US, documents show, marking a truce even as a global market …