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PDD HOLDINGS INC
Why is the Dow Jones rising sharply today despite global tensions - Dow jumps 414 points as S&P 500 and Nasdaq gain big amid falling oil pricesDow Jones jumped 414 points today, leading a sharp US stock market rally despite global tensions. The Dow Jones surge today reflects easing...- PDD Holdings stock soars 12% on $14.5B revenue beat — profit slips, but is Temu’s long-term growth story just getting started?PDD Holdings Q2 2025 shows steady revenue growth but tightening profits as Temu and Pinduoduo face rising costs. Total revenue hit ¥103.98 ...
- Japan’s carmakers absorbing tariffs may bolster Trump positionJapanese automakers have largely absorbed the costs of US tariffs on auto imports, potentially weakening Japan's negotiating position ahead...
- China publishes draft guidance for online-platform merchant feesThis is the latest in a series of steps by Beijing to support local merchants that are under pressure from a sluggish local economy and a t...
- Temu ditches Chinese imports model to avoid Trump’s tariffsTemu, known for its cheap Chinese imports, is shifting to a "local fulfillment" model, focusing on US-based merchants to avoid tariffs and ...
- Asian stocks jittery as tariff concerns mountJapan’s stock market opened higher, but South Korean shares fell and equity index futures for Hong Kong were down. US futures edged higher ...
- Donald Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reportsThe Trump administration has not made a final decision on the matter and could ultimately decide not to list either, the report said, citin...
- Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
- Shein backers offer to sell at 30% discount as IPO prospects dimShein investors are trying to sell shares in private market deals that value the online fashion giant at as low as $45 billion, reflecting ...
- Price wars help spark $157 billion rout in China consumer stocksThe seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can ...
- TikTok becomes first app to cross $10 billion in in-app spendingVideo-streaming platforms like TikTok and Disney+ drove an 11% rise in consumer app sales in 2023, showing resilient demand while the games...
- TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big...
- Jack Ma returns to rally troops after Alibaba’s troubles deepen“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the orga...
- Apple, Meta hot streaks fuel Nasdaq 100's July rallyApple is the biggest component of the Nasdaq 100, comprising nearly 12% of the index weight. The stock has risen about 1% in July and is po...
- Google suspends Chinese ecommerce app Pinduoduo after finding malware in versionsThe Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service,...
- Shein’s lead under fire as Chinese-owned Temu tops US chartsTemu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years
- China ecommerce giant JD set for $1.4 billion discount spreeThe campaign has spurred concerns that larger rival Alibaba Group Holding Ltd. or upstart PDD Holdings Inc. may retaliate with cuts of thei...
- A $33-billion hit shows China's newest stock worryA report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fres...
- Tencent's 48-yr-old Pony Ma dethrones Jack Ma to become China's richestPony Ma overtook real estate tycoon Wang Jianlin as China’s second-richest person in 2013.
- E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
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