PDD Holdings, operator of Pinduoduo and Temu, missed quarterly revenue estimates amid weak Chinese demand and competition ...

Temu (PDD), the Chinese e-commerce giant known for affordable goods and labor complaints, is recruiting employees from major ...

BEIJING] PDD Holdings’ revenue grew at a slower-than-expected pace of 24 per cent after intensifying domestic competition and ...

FedEx Corp lowered its full-year revenue forecast on Thursday, as the parcel delivery firm seeks new business after its ...

U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from ...

"As we move through the process, we will work diligently to minimize the impact on our employees, customers, vendors and ...

Forever 21 Bankruptcy: "We've been unable to find a sustainable path forward, given competition from foreign fast-fashion ...

Forever 21's U.S. operating company on Sunday filed for bankruptcy for the second time in six years and will wind down ...

Forever 21 was once one of the fastest-growing fashion retailers in the world, laying the groundwork for brands like Temu and ...

The company will continue to engage with potential buyers who wish to purchase some or all of its US business. Its international stores remain unaffected by the bankruptcy.

F21 OpCo, the U.S.-based operator of Forever 21, has filed for bankruptcy, marking the clothing brand’s second financial collapse. Once a go-to destination for trendy and affordable fashion among ...

If the de minimis rule gets squashed, another possibility is that carriers like DHL could see an increase in bulk imports and ...