PDD Holdings Inc. (NASDAQ:PDD) is one of the 13 Most Undervalued Retail Stocks to Buy Right Now. On June 4, Reuters reported that the global discount e-commerce platform Temu, which is owned and ...
Shares in Temu’s Chinese owner PDD Holdings plunged 13.9% on Tuesday after the e-commerce giant reported its slowest revenue growth in three years and a sharp drop in profit. The dismal quarterly ...
PDD Holdings has become China’s second-largest retailer, and is now aggressively expanding overseas through its Temu platform. Temu’s direct-to-consumer consignment model helps cut supply chain layers ...
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 ...
Amazon.com’s (NASDAQ:AMZN) pricing dominance is crippling PDD Holdings (NASDAQ:PDD) owned Temu’s efforts to rebuild its U.S. retail strategy after the Trump administration ended duty-free imports from ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
(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 ...
(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 ...
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