PDD Holdings ($PDD), the China-based e-commerce company behind Pinduoduo and Temu, may be underestimated by Wall Street ...
PDD Holdings sank 5% in premarket trading Thursday. The Temu parent missed quarterly revenue expectations. US tariffs are a growing headwind for the Chinese e-commerce firm. The move: US-listed shares ...
PDD stock falls 18% as Q1 revenue misses and profit drops 36% amid heavy platform investments. Despite a YTD surge, PDD’s Q1 results disappoint with weaker sales and earnings hit from ecosystem ...
Alibaba and other Chinese names fell in Monday trading, trailing U.S. stocks even as the wider market exhibited a lackluster ...
(Reuters) -Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its ...
Chinese regulators were at PDD’s Shanghai premises investigating reports of fraudulent deliveries. Read more at straitstimes.com. Read more at straitstimes.com.
PDD Holdings’ Q4 revenues of RMB 111B ($15.3B) fell short of consensus by RMB 6B ($827M). The company continues to invest in building its platform ecosystem for long-term sustainability. Get ahead of ...
PDD Holdings Inc. posted better-than-expected results after China’s government ramped up stimulus to galvanize consumers and offset the economic fallout from US tariffs. Temu’s owner reported revenue ...
(Reuters) -E-commerce company PDD Holdings, which operates low-cost platforms Pinduoduo in China and Temu internationally, beat quarterly revenue estimates on Monday, although net profit fell due to ...
The Chinese owner of bargain-shopping app Temu continued to deliver single-digit revenue growth as the company navigates a challenging business environment, warning of more volatility ahead. PDD ...
(Reuters) -China's PDD Holdings beat forecasts on Tuesday with a 14% rise in third-quarter adjusted earnings, a sign that the e-commerce group's steep discounts and heavy marketing spending bolstered ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook PDD unveiled a new 10 Billion program to help build supply chain ecosystem. Credit: PDD Every ...
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