Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The CE 100 Index resumed its winning ways in a holiday-shortened week, notching a 1.7% gain that was powered, in part, for investor enthusiasm for artificial intelligence (AI)-related news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The parent of Chinese eCommerce giant Temu said tariffs helped eat into its quarterly profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore up the track last week. Solid Q2 earnings performances from Affirm and Sezzle led the CE 100 to a flat...
September 02, 2024
It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore up the track last week. Solid Q2 earnings performances from Affirm and Sezzle led the CE 100 to a flat performance for the week that ended August 30, and a […]
April 01, 2024
The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black. Get the Full Story Complete the form to unlock this article...
June 12, 2023
The third quarter winds its way into the last few weeks of its final month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
May 29, 2023
All AI. All the time, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
August 25, 2025
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with executives saying the company is investing in “long-term impact.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
June 02, 2025
Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Get...
May 27, 2025
The parent of Chinese eCommerce giant Temu said tariffs helped eat into its quarterly profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
September 01, 2024
PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...