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Temu owner PDD misses revenue and profit estimates
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,
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 Misses Revenue and Profit Estimates as Consumers Struggle
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 adjusted profit of 18.59 yuan per American Depository Share, missing estimates of 19.79 yuan.
1d
PDD Holdings: Significantly Undervalued, Great Value
PDD Holdings is founder-managed, with significant insider ownership, ensuring aligned interests and strong leadership. Read ...
4d
on MSN
PDD Stock Tumbles as Quarterly Results Fall Short of Estimates
KEY TAKEAWAYSU.S.-traded shares in PDD Holdings plunged Thursday after the parent of the Temu discount marketplace posted ...
15h
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 ...
Seeking Alpha
4d
PDD: Price Crash Despite Strong Growth
PDD
Holdings Inc. (NASDAQ:
PDD
) reported strong business growth for the most recent quarter, but expectations were ...
3d
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.
17h
on MSN
Beijing’s internet censors have a new target: Social media echo chambers
Chinese internet giants will get about three months to adhere to Beijing’s new directive against “information cocoons”.
Zacks.com on MSN
13h
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 ...
2d
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 ...
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