New York City has ordered forty-two online retailers to stop selling illegal e-bikes. These devices allegedly exceed speed and safety limit...

As with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...

Fast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...

PDD Holdings has appointed Jiazhen Zhao as co-chairman of its board. Zhao, a founding member and key figure behind Duo Duo Grocery, also se...

PDD Holdings Q2 2025 shows steady revenue growth but tightening profits as Temu and Pinduoduo face rising costs. Total revenue hit ¥103.98 ...

Along with the need to keep prices low in China, PDD's margins have been under pressure in recent quarters due to a multibillion-dollar inv...

The drop came as the economic superpowers are locked in another bruising trade standoff that saw US President Donald Trump last month scrap...

Last month, Vietnam told Shein and Temu to register with the government by the end of November or face the blocking of internet domains and...

The e-commerce giant continues to gain market share with highly competitive pricing in China and overseas as customers spend on affordable ...

Alibaba's U.S. shares slipped 1.5% to $73.7 in premarket trading, tracking a fresh one-year low. They are down 14% since the company posted...

The once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken c...

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...

Joint declarations were filed to courts in Chicago and Boston by lawyers representing the companies and their subsidiaries, requesting that...

Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein's "unlawful exclusionary tactics" since Temu's U.S. launch ...

The marketplace, the sister site of Chinese discount ecommerce platform Pinduoduo, ships everything from clothing to electronics and home g...

The Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service,...

Temu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years