PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit as Chinese consumers continued to hold back amid an economic slowdown.
PDD Holdings Inc. reported sales that missed estimates, lending weight to fears that China’s slowdown is hurting its biggest ...
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit ...
Net income rose to 24.98 billion yuan from 15.54 billion yuan in the same period a year earlier, but the firm reported an ...
PDD’s results, including a 66 per cent jump in net revenue, outperformed rivals, but it did not allay investor concerns amid ...
The owner of ecommerce apps Pinduoduo and Temu reported sales of Rmb99.4bn ($13.7bn) in the third quarter, a 44 per cent ...
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit ...
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
U.S.-listed shares of PDD, which runs the Pinduoduo online shopping site in China and Temu internationally, were down more ...
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit ...
Shares of Temu parent PDD Holdings PDD0.62%increase; green up pointing triangle fell almost 11% Thursday after the company missed third-quarter sales and earnings expectations, highlighting the ...