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Temu, owned by PDD Holdings, faces stricter U.S. data privacy and product safety requirements following its $3 million Texas settlement, raising questions about regulatory compliance costs, marketplace profitability and the future of its low-price e-commerce model. Representative image.

Temu Texas settlement raises the cost of U.S. growth as PDD shares remain near annual lows

KFC is replacing PepsiCo with Coca-Cola across approximately 3,600 U.S. restaurants from January 2027, ending a nearly 40-year beverage partnership as Yum! Brands seeks to revitalise its American fast-food business. Representative image.

KFC drops Pepsi for Coca-Cola across 3,600 U.S. restaurants as cola rivalry shifts again

MINISO stock jumps 5.8% as YOYO crosses RMB1bn and U.S. retail growth accelerates

Why IKEA, eBay and fashion brands are turning secondhand shopping into a growth strategy

Catastrophic 7.6 Earthquake Strikes Japan, Tsunami Alert Issued

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Japan on high alert: Massive earthquake hits, tsunami waves expected

In a terrifying start to the New Year, central Japan was rocked by a massive 7.6 magnitude earthquake…

byPallavi Madhiraju

January 1, 2024

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