Biden Administration Cracks Down on Cheap Shipping "Loophole." How Could It Impact PDD Holdings Stock?

By Yahoo! Finance | Sep 28, 2024 at 08:35 AM EST

Temu, an e-commerce platform owned by PDD Holdings, offers a wide range of products at low prices. The Biden administration is looking to close the de minimis loophole that benefits such platforms, potentially impacting PDD Holdings' business.

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