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PDD HOLDINGS PINDUODUO
Temu-owner PDD misses quarterly revenue estimatesPinduoduo, long buoyed by cost-conscious shoppers, saw growth cool as consumers reined in discretionary purchases amid broader economic unc...- 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 ...
- Temu-owner PDD tops quarterly revenue estimates as competition squeezes marginsAlong with the need to keep prices low in China, PDD's margins have been under pressure in recent quarters due to a multibillion-dollar inv...
- Alibaba Group lays off dozens of employees to cut costs: reportAlibaba layoffs: China's Alibaba Group has reduced the Yuanjing team, its metaverse arm, as part of a broader reset. The division was set u...
- China's ecommerce giant Alibaba misses first-quarter revenue estimatesAlibaba's first-quarter revenue fell short of market expectations, impacted by cautious consumer spending in a struggling Chinese economy. ...
- E-commerce tycoon Huang tops China's rich listColin Huang's net worth reached $48.6 billion, making him China's wealthiest individual. He founded PDD Holdings, the parent company of e-c...
- Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
- Low-cost ecommerce giant PDD Holdings beats quarterly revenue estimatesThe e-commerce giant continues to gain market share with highly competitive pricing in China and overseas as customers spend on affordable ...
- Alibaba set to lose no. 1 ecomm player spot to PDDThe once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken c...
- Alibaba banks on aggressive Singles Day pricing to recoup sales mojoWhile Alibaba has announced that it will offer 80 million products at their lowest prices this year during Singles Day, which began in late...
- Low-cost ecommerce rivals Shein and Temu shelve US court casesShein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the US, documents show, marking a truce even as...
- Low-cost ecommerce rivals Shein and Temu shelve US court casesJoint declarations were filed to courts in Chicago and Boston by lawyers representing the companies and their subsidiaries, requesting that...
- Chinese retailers offer deep iPhone 15 discountsAnalysts say the iPhone 15 has not been selling as well in China as its predecessor. Counterpoint Research said last week that iPhone 15 sa...
- Pinduoduo-owner PDD beats second-quarter revenue expectations, shares jumpEcommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost pro...
- Premier Li Qiang urges Chinese tech giants to support economy as crackdown endsAfter listening to suggestions from firms that also included PDD Holdings' Pinduoduo and JD.com, Li told them authorities would seek to mak...
- Pinduoduo-owned ecommerce platform Temu expands to JapanThe marketplace, the sister site of Chinese discount ecommerce platform Pinduoduo, ships everything from clothing to electronics and home g...
- 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,...
- China-linked online superstore pips Amazon, Walmart to become most downloaded app in USTemu, which runs an online superstore for virtually everything -- from home goods to apparel to electronics -- unveiled a commercial during...
- 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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