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Aspora, which makes financial tools like remittance services for the Indian diaspora, raised a $50M Series B co-led by Sequoia and Greylock at a $500M valuation (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch : Aspora, which makes financial tools like remittance services for the Indian diaspora, raised a $50M Series B co...

3 June 2025

Sensor Tower: daily US users of PDD Holdings' Temu fell by 58% in May; the US closed the "de minimis" loophole on May 2, and Temu then slashed its ad spending (Reuters)

Reuters:
Sensor Tower: daily US users of PDD Holdings' Temu fell by 58% in May; the US closed the “de minimis” loophole on May 2, and Temu then slashed its ad spending  —  Daily U.S. users of PDD Holdings' (PDD.O) global discount e-commerce platform Temu fell by 58% in May …

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