welcome
BBC

BBC

Business

Business & Economics

Temu's Chinese owner sees profits plunge as tariff war bites

BBC
Summary
Nutrition label

65% Informative

PDD Holdings reported a 47% drop in profit for the first quarter of the year .

US -listed shares of the e-commerce giant fell by more than 13% on Tuesday .

In China , PDD has been locked in a long-running price war with rivals like Alibaba and JD.com.

VR Score

74

Informative language

78

Neutral language

10

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links