Temu-Owner PDD’s Shares Dive After Warning of Worsening Profit
PDD Holdings Inc.’s shares plunged after warning that its profitability will trend downward over time because of intensifying competition in its home market of China.
PDD Stock Drops. The Temu Owner Sounds Alarm Over Fierce Competition.
Shares in Temu-parent PDD Holdings were dropping Thursday after its third-quarter revenue came in below expectations.The Chinese retailer said its revenue for the third quarter came to 99.35 billion yuan,
PDD Stock Tumbles On Miss As 'Intensified Competition' Slows Temu Parent's Growth
PDD Holdings stock tumbled early Thursday, after the Temu owner and Chinese e-commerce giant reported Q3 earnings and revenue below targets.
Temu Parent PDD Stock Tumbles After Q3 Profit Miss, Company Cites Intensified Competition and External Challenges
PDD Holdings Inc (NASDAQ: PDD) reported 44% revenue growth in Q3, missing analyst estimates. Online marketing services revenue rose 24% and transaction services jumped 72%. Stock fell 20% YTD.
Temu Owner PDD Posts Slowest Revenue Growth in More Than Two Years
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth
PDD’s results, including a 66 per cent jump in net revenue, outperformed rivals, but it did not allay investor concerns amid e-commerce competition.
Temu-owner PDD misses market estimates for Q3 revenue on weak consumer spending
CHINA’S PDD Holdings fell short of market estimates for third-quarter revenue on Thursday (Nov 21), in a sign that promotional offers and discounts were not enough to lure cost-conscious consumers to its e-commerce platform.
Temu owner PDD misses revenue and profit estimates as consumers struggle
China's PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday, as promotional offers and discounts did not persuade cost-conscious consumers to spend as much as expected on its e-commerce platforms.
PDD Holdings: Significantly Undervalued, Great Value
PDD Holdings is founder-managed, with significant insider ownership, ensuring aligned interests and strong leadership. Read ...
These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results
PDD Holdings Inc PDD reported downbeat earnings for its fiscal third quarter 2024 on Thursday.
PDD Stock Tumbles as Quarterly Results Fall Short of Estimates
U.S.-traded shares in PDD Holdings plunged Thursday after the parent of the Temu discount marketplace posted quarterly ...
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PDD: Price Crash Despite Strong Growth
PDD Holdings Inc. (NASDAQ:PDD) reported strong business growth for the most recent quarter, but expectations were ...
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PDD Holdings price target lowered to $160 from $185 at Benchmark
Benchmark analyst Fawne Jiang lowered the firm’s price target on PDD Holdings (PDD) to $160 from $185 and keeps a Buy rating on the shares following Q3 results that were moderately below ...
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PDD Holdings Inc. Sponsored ADR (PDD) is Attracting Investor Attention: Here is What You Should Know
PDD Holdings Inc. Sponsored ADR (PDD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's ...
PDD: Near-Term Correction Doesn't Deter Our Bullish Bargain Hunt
We remain bullish on PDD despite a 15% share price pullback, viewing it as an attractive entry point for growth-focused ...
PDD Holdings: Strategic Investments and Merchant Support Drive Buy Rating Amid Revenue Challenges
Saiyi HE, an analyst from CMB International Securities, maintained the Buy rating on PDD Holdings (PDD – Research Report). The associated price ...