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Temu’s parent company sees revenue growth cooling

Temu’s parent company sees revenue growth cooling

PDD Holdings, which owns the e-commerce platform Temu, has seen revenue jump by a staggering 86%. Profits have also increased by 156% for the last quarter.  These impressive numbers might just give its rival Shein some sleepless nights. However, the company’s top leaders warn that this explosive growth is unsustainable. 

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Uber partners with Coco for robot delivery in LA

Uber partners with Coco for robot delivery in LA

Uber Eats is expanding its robot delivery plan to Los Angeles, partnering with Coco. The sidewalk-roaming delivery robot specialist is roaming the streets of LA, delivering food to customers who are ordering from Uber Eats. The plan is to expand the robotic deliveries to more cities in the coming months,

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