PDD Holdings Inc, the parent company of Temu, has surpassed Alibaba Group (NYSE:BABA) on Thursday as the most valuable Chinese e-commerce company by market capitalization.  PDD stock closed yesterda
PDD Holdings reported outstanding quarterly results with a 94% increase in total revenues and a 315% increase in transaction services revenues. PDD's expense growth was much lower than revenue growth,

Why PDD Holdings Stock Jumped (Again) Today

05:07pm, Thursday, 30'th Nov 2023
The parent company of Chinese online retailer Pinduoduo enjoyed several new analyst upgrades on the heels of its latest quarterly beat. Alibaba co-founder Jack Ma even praised PDD's recent moves to ta
Look around a little and you can find stocks that have gained a lot this year. The Magnificent Seven tech stocks are getting all the media attention, but they are not the only securities that have pos

Is It Too Late to Buy Pinduoduo (PDD) Stock?

06:40am, Thursday, 30'th Nov 2023
Pinduoduo's Q3 earnings report crushed analysts' estimates. It's growing much faster than rivals Alibaba and JD.
Several analysts raised their price targets on the Chinese e-commerce stock this morning. Alibaba's Jack Ma also warned internally on the threat from Pinduoduo.
Shares of PDD Holdings NASDAQ: PDD rallied by 18.1% during Tuesday's trading session. What is the reason?
Pinduoduo on Wednesday posted more than 90% growth in third-quarter revenue, outpacing that of Alibaba, as consumers increasingly look for bargains.
CNBC's Deirdre Bosa and Eunice Yoon join 'Power Lunch' to discuss Shein and Temu.
E-commerce companies have much to be thankful for following the biggest shopping weekend of the year.
American depositary receipts (ADRs) of PDD Holdings (PDD) skyrocketed over 18% in early trading Tuesday after the China-based e-commerce group reported a huge jump in revenue, boosted by sales on its

Temu-parent Pinduoduo shares soar on earnings

12:22pm, Tuesday, 28'th Nov 2023
CNBC's Deidre Bosa reports on Pinduoduo's quarterly earnings results.
Shares of Pinduoduo (NASDAQ: PDD ) are soaring higher by over 18% after the Chinese e-commerce company reported its third-quarter earnings. During the quarter, revenue tallied in at 68.84 billion yuan

Wall Street Awaits PCE/Core PCE Data

12:01pm, Tuesday, 28'th Nov 2023
We're tepidly negative in today's pre-market, similar in mood to where we closed regular trading yesterday. November has been an excellent month for the stock market, bouncing nicely off cycle lows fr

Why Pinduoduo Stock Is Skyrocketing Today

11:33am, Tuesday, 28'th Nov 2023
Pinduoduo crushed Wall Street's sales and earnings targets in the third quarter. Its Temu e-commerce app is powering impressive growth.
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