China's bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China's richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese ...
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 ...
Barclays Keeps Their Buy Rating on PDD Holdings (PDD)
Barclays analyst Jiong Shao maintained a Buy rating on PDD Holdings (PDD – Research Report) today and set a price target of $158.00. The ...
China’s richest person wants a personal apology from ByteDance’s founder for not stopping social media attacks against him
Zhong Shanshan, chairman of Nongfu Spring, is blaming two of China's Big Tech companies for troubles at his bottled water ...
Vipshop: It's Going To Be Challenging For A While (Rating Downgrade)
Vipshop's Q3 2024 results showed a 9.6% revenue decline and a 27.8% drop in non-GAAP net income. Read why I downgrade VIPS ...
China’s second-richest man blasts Pinduoduo for hurting brands with cutthroat pricing
The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge ...
China’s richest man blasts tech giants and government inaction in rare rebuke
China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide ...
JD.com:Third Quarter Results Are Mixed
JD.com announced its unaudited financial results for Q3 of FY 2024 before the market opened on 14, 2024. From an initial ...
Can you trust Temu? Here's what you need to know
Launched in September 2022, Temu is an online marketplace that looks like what would happen if Amazon and the Dollar Store ...
Temu owner's shares slump as China slowdown hits sales
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit ...
U.S. News & World Report4d
Temu Owner PDD Misses Revenue and Profit Estimates as Consumers Struggle
U.S.-listed shares of PDD, which runs the Pinduoduo online shopping site in China and Temu internationally, were down more than 10% in pre-market trading. Higher unemployment among Chinese youth ...
Investing4d
Pinduoduo target cut to $171 from $181, maintains buy rating
On Thursday, Jefferies maintained a Buy rating on Pinduoduo Inc. (NASDAQ:PDD) but reduced the stock's price target from $181.00 to $171.00. The adjustment follows Pinduoduo's third-quarter earnings ...