Temu does not have a CEO, but its parent company, PDD Holdings, has co-CEOs, Lei Chen and Jiazhen Zhao. Temu is not privately owned. It was launched by PDD Holdings, a publicly traded company ...

The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...

Temu is under fire by 21 states' attorneys general, questioning the company's business practices around forced labor and ...

Temu is now promoting items stored in its U.S ... wrote a letter to the CEO of a Chinese battery company that operates in California, Stored Power Tech Technology Systems Inc., demanding to ...

Amazon debuted Haul last year, offering makeup, apparel, accessories and other items that are often priced at or below $20.

Temu customers can use card payments and select ... Nuvei plans to enhance payment experiences in additional markets in 2025. Nuvei chair and CEO Philip Fayer said: “As online shopping continues ...

Small parcel shipping volume has demonstrated upward momentum, increasing from 128,744 parcels in November 2024 to 167,298 in December 2024, representing 30% growth over such period. This positive ...