Temu

Temu Owner PDD Holdings Reports 9% Quarterly Revenue Growth

ByAmna Habib

Temu, the popular e-commerce platform owned by PDD Holdings, continues to show significant financial performance, reporting robust revenue growth in recent quarters. Despite challenges in the global retail and digital marketplace, the company’s quarterly earnings reveal that PDD Holdings maintains a strong position in both domestic and international markets. PDD Holdings’ Latest Financial Performance PDD…

TEMU

TEMU Doubles EU Profits to $120M with Lean Team of 8 Employees

ByZehra Naz

In 2024, Temu, a Chinese e-commerce platform, achieved a remarkable feat: it doubled its pre-tax profits in the European Union to nearly $120 million. What makes this achievement even more striking is that the company accomplished this with just eight employees at its Ireland-based headquarters, Whaleco Technology. Despite the minimal workforce, Temu’s revenue soared to…