Online & Digital

Temu revenues double to £27bn in FY23

The group attributed its financial performance to its marketing efforts, which led to more transactions

Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year to 31 December 2023, nearly doubling from ¥130bn (£14.2bn) in 2022. 

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