Uniqlo operator Fast Retailing posts record profit for fourth year, beating forecastsUniqlo's parent company, Fast Retailing, has reported its fourth straight year of record profits. Strong sales in Japan and the United Stat...
09 Oct, 2025, 03.09 PM IST
PDD Holdings stock soars 12% on $14.5B revenue beat — profit slips, but is Temu’s long-term growth story just getting started?PDD Holdings Q2 2025 shows steady revenue growth but tightening profits as Temu and Pinduoduo face rising costs. Total revenue hit ¥103.98 ...
25 Aug, 2025, 07.18 PM IST
Are Tesla, Nissan and Mercedes-Benz's exploiting Trump tariff fears to manipulate customers? Check detailsSeveral companies are alerting customers about possible price hikes due to tariffs. Tesla and Nissan are among those urging consumers to bu...
07 May, 2025, 03.44 PM IST
Trump's tariff on cheap Chinese imports will cost Big Tech billionsThe end of a US tariff exemption for low-cost Chinese imports has disrupted the business model of online retailers like Temu and Shein, whi...
03 May, 2025, 09.43 PM IST
Trump's tariff on cheap Chinese imports will cost big tech billionsThe elimination of a tariff loophole that benefited Temu and Shein has led to a significant reduction in their online advertising spending....
03 May, 2025, 12.52 PM IST
Donald Trump's Tariff on cheap Chinese imports will cost Big Tech billionsThe end of a key US tariff loophole has forced Chinese retailers Temu and Shein to cut advertising and raise prices, disrupting their low-c...
03 May, 2025, 12.03 PM IST
Trump's de minimis cancellation is bad news for Temu, but worse for SheinThe Trump administration's decision to stop low-cost imports from entering the U.S. tariff-free is affecting retailers Shein and Temu. Temu...
06 Feb, 2025, 01.57 PM IST
UPS reduces Amazon shipments, Lowers 2025 forecast; shares dropUPS cutting Amazon deliveries in half, expects $89B in 2025. Stock down 13% as company reorganizes due to slow sales.
30 Jan, 2025, 09.02 PM IST
China's Alibaba says to sell department store arm for $1.3 billion lossAlibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ecommerce market. The...
17 Dec, 2024, 05.25 PM IST
Alibaba boosts share buyback as revenue misses estimatesAlibaba executives expressed coolness about the near-term potential of IPOs for Cainiao logistics and Freshippo. Alibaba is considering sel...
08 Feb, 2024, 08.41 AM IST
Alibaba boosts share buy back as revenues missChina's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and ...
07 Feb, 2024, 07.47 PM IST
How China's Shein became a fast-fashion giantShein uses an on-demand manufacturing system that allows it to quickly boost the production of popular items and drop products that do not ...
28 Nov, 2023, 09.25 AM IST
Alibaba scraps cloud business spin-off citing US chip curbsThe U.S. decision last month to ban the export to China of more chips used in artificial intelligence (AI) has created major uncertainties ...
16 Nov, 2023, 08.25 PM IST
Shein shifts shipping strategy to bring China-made goods closer to US shoppers, cut wait timeAccording to analysts, Shein would likely continue to expand its bulk shipments to the U.S. in a bid to compete with established retailers ...
24 Sep, 2023, 06.59 PM IST
As ties to China turn toxic, even Chinese companies are breaking themAs relations between the United States and China turn increasingly rocky, some of China’s most entrepreneurial brands have taken steps to d...
17 Jun, 2023, 11.12 AM IST
US hits at Chinese 'fast fashion' apps that outpace Zara, H&MThe US government has accused Chinese-backed 'fast fashion' digital platforms Shein and Temu for data and other business practices risks, a...
15 Apr, 2023, 08.35 PM IST
Shein’s lead under fire as Chinese-owned Temu tops US chartsTemu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years
06 Mar, 2023, 12.44 PM IST