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PDD Holdings Inc. (NASDAQ: PDD) shares are moving lower Wednesday as the company faces increased scrutiny from U.S. regulators and new trade restrictions that could impact its business model.
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--Chinese retailers that sell on Shein and PDD Holdings' Temu platforms have been asked by logistics agents to start paying an additional 30% levy, Bloomberg reports, citing a memo seen by the outlet.
Combing through the holdings of billionaire investors can be a great way for retail investors to find great stocks to buy.
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy ...
PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.