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 ...
Temu owner PDD misses revenue and profit estimates as consumers struggle
By Deborah Mary Sophia and Casey Hall (Reuters) -Discount e-commerce player PDD Holdings fell short of market estimates for ...
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 ...
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 ...
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 ...
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 ...
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 ...
China's 'Five Big Tech' Market Cap Vaps KRW 57 Trillion Over Week
Bloomberg and others reported that the stock prices of China's top five big tech companies have evaporated by 57 trillion won in the past week amid China's ...
Chinese Retail Sales Pickup In October: Here's What's Happening With Alibaba, JD And Pinduoduo Shares
Chinese retail sales grew by 4.8% year-on-year in October picking up from September's 3.2% growth, as per the National Bureau ...
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 ...