Pinduoduo Stock News
$117.61
0.20%
yesterday
Nasdaq,
May 16, 10:05 pm CET
Pinduoduo Stock News
Negative
CNBC
●
11 days ago
On Friday, the de minimis rule — a policy that had exempted U.S. imports worth $800 from tariffs — officially closed for shipments from China, exposing Temu and Shein to high duties.
Neutral
Reuters
●
11 days ago
Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market intelligence firm Sensor Tower showed, a shift away from the U.S., where the companies face crushing tariffs.
Negative
TechCrunch
●
13 days ago
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs.
Negative
Business Insider
●
14 days ago
Temu is ceasing direct Chinese exports to the US, shifting to a local fulfillment model. The change follows the closure of a trade loophole allowing duty-free imports under $800.
Negative
PYMNTS
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14 days ago
Temu has reportedly stopped shipping products from China directly to U.S. consumers due to the elimination of the de minimis exemption that had shielded small packages from U.S. tariffs.
Negative
New York Post
●
14 days ago
Its US website has shifted to offer only what it calls “local” items – or products that were shipped overseas in bulk and stored in US warehouses in a mad dash to beat the tariffs.
Negative
CNBC
●
14 days ago
Temu said it has stopped shipping products from China directly to U.S. shoppers as it confronts higher tariffs and the end of the de minimis provision. Items shipped directly from China, which previously blanketed the site, are now labeled as out of stock.
Neutral
CNET
●
14 days ago
Temu is recruiting sellers in the US in an effort to keep prices in check.
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