Temu Resumes Direct China-US Shipping, Increases Ad Spend Following Trump Trade Truce That Cuts Chinese Tariffs - PDD Holdings ( NASDAQ:PDD ) , Amazon.com ( NASDAQ:AMZN )
Amazon.com Inc. AMZN rival bargain ecommerce platform Temu has resumed direct shipments from Chinese factories to U.S. consumers and boosted advertising spending after a trade truce between Washington and Beijing reduced tariff pressures. The platform, owned by Shanghai-based PDD Holdings Inc.
https://www.benzinga.com/markets/equities/25/08/47325961/temu-resumes-direct-china-us-shipping-increases-ad-spend-following-trump-trade-truce-that-cuts-c