Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% after intensifying domestic competition and US tariffs crimped ...
Temu Owner PDD Posts Slowest Revenue Growth Since Early 2022
Last month, rival Alibaba posted its fastest pace of revenue growth since late 2023, with revenue for the latest quarter rising 7.6% to 280 billion yuan. Online retailer JD.com earlier this month ...
Investor's Business Daily on MSN49m
PDD Stock Falls As Temu Parent Misses Revenue Forecast
PDD Holdings fell as the Temu parent company's growth rate slowed further from triple-digit levels at the start of last year.
Temu Owner PDD Stock Drops After Earnings Miss. What Has Markets Worried.
PDD Holdings stock fell after the Chinese e-commerce giant and Temu owner posted quarterly earnings below expectations early ...