Temu’s success is due to its ultra-low prices, which many argue are made possible only through questionable practices. The ...
Michael Burry of "The Big Short" fame pared his Alibaba and JD.com bets and bought into Temu-owner PDD before DeepSeek ...
The shift threatens to inflate prices on the PDD Holdings Inc-owned marketplace as merchants lose the economies of scale in shipping and handling that Temu provides while having to compensate for ...
In trading on Friday, shares of PDD Holdings Inc (Symbol: PDD) crossed above their 200 day moving average of $122.78, changing hands as high as $125.95 per share. PDD Holdings Inc shares are ...
Shein’s US sales fell by 16 per cent to 41 per cent for five days from Feb 5 while PDD Holdings’ Temu notched a fall of as much as 32 per cent during the period, according to Bloomberg Second ...
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Operating profit in the quarter was RMB24,292.5 million (US$3,461.6 million), an increase of 46% fr DUBLIN and SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or ...