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Bargain-hungry Americans are flocking to Temu and making its Chinese owner very rich
CNN Business via Yahoo Finance· 6 days agoPDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive...
Amazon must face FTC lawsuit over hard-to-cancel Prime membership
Courthouse News Service· 2 days agoU.S. District Judge John Chun in Seattle on Tuesday denied Amazon's motion to dismiss the FTC's amended complaint. Noting that a court’s determination is far from routine when it comes to deciding ...
Markets News, May 28, 2024: Nvidia Soars to Record; Rising Treasury Yields Weigh on Dow
Investopedia· 23 hours agoU.S. stocks were mixed Tuesday, with Nvidia and other AI stocks sending the Nasdaq to a record close...
4 Reasons to Forget Target and Buy Walmart Instead
Motley Fool via Yahoo Finance· 2 days agoWalmart is a larger and more broadly diversified retailer that operates 10,607 stores and numerous e-commerce sites across 19 countries. In...
ParknShop imports mainland goods as Hongkongers hunt for bargains in Shenzhen
South China Morning Post· 6 days agoCK Hutchison, one of the flagship companies of Hong Kong tycoon Li Ka-shing, owns the grocery chain,...
Explainer: Will SNL skit change consumer attitudes to fast fashion?
Just Style via Yahoo Finance· 6 days agoA recent Saturday Night Live parody about a fake ultra-fast fashion brand criticises consumers'...
How Shein and Temu Snuck Up on Amazon
The Wrap via Yahoo Finance· 5 days agoThe Chinese-owned platforms represent the biggest threat to its e-commerce empire in recent memory. The post How Shein and Temu Snuck Up on Amazon...
In pricey Hong Kong, residents flock to China for cheaper dining, shopping
Al Jazeera· 3 days agoHong Kong resident Mimi Lau regularly heads to Shenzhen to grab a meal with friends or go shopping...
Target appears to be losing on everyday items
FreightWaves via Yahoo Finance· 5 days agoLosing share in boring items Target shares have severely underperformed Walmart over the past three years. (Chart: Barchart.com, Inc.) Target spent much...
The Fast Track: 7 Stocks That Can Double Your Money in 5 Years
InvestorPlace via Yahoo Finance· 6 days agoFinding stocks that can double your money in a period of only five years may sound like a tall...