PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US President ...

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Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings ...

Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.

PDD's revenue for Q1 came in at 95.7 billion yuan ($13.3 billion), falling short of the 101.6 billion yuan projection from ...

Analysts at JPMorgan have reiterated a Neutral rating on PDD Holdings Inc. (NASDAQ:PDD) and cut the price target to $105 from ...

Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.

From 2019 to 2021, the active buyer compound annual growth rate of 22% drove a 50% CAGR of active merchants. During the same period, as the number of merchants and products available increased, order ...

Chinese e-commerce giant PDD Holdings reported a nearly 50% drop in Q1 profit to 14.7 billion yuan (US$2 billion), causing its U.S.-listed shares to fall over 13%.