News

Temu-owner PDD tops quarterly revenue estimates as competition squeezes margins

By Deborah Mary Sophia and Casey Hall (Reuters) -E-commerce company PDD Holdings, which operates low-cost platforms Pinduoduo ...

Temu Resumes Direct China-US Shipping, Increases Ad Spend Following Trump Trade Truce That Cuts Chinese Tariffs

Low-cost ecommerce platform Temu restores logistics operations and marketing budgets after Washington-Beijing agreement ...
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PDD’s CEO Warns of Unsustainable Performance as Temu Owner’s Second-Quarter Earnings Beat

(Yicai) Aug. 26 -- PDD Holdings reported better-than-expected earnings in the second quarter of the year. However, the ...

PDD Holdings Second Quarter 2025 Earnings: EPS Beats Expectations

Second Quarter 2025 Results Key Financial Results Revenue: CN¥104.0b (up 7.1% from ...

New Street downgrades PDD stock on limited growth upside, margins visibility

Investing.com -- New Street Research downgraded PDD Holdings (NASDAQ:PDD) stock to Neutral from Buy, pointing to limited revenue growth prospects and uncertain margin visibility despite a ...

PDD: Double Beat But Weak Profit Trend

PDD Holdings delivered a double beat on earnings and revenue, surprising positively after a history of missing estimates.

China Market Update: Hong Kong & Mainland China Rise, PDD Beats In Q2 Earnings As Management Tempers Expectations

Asian equities had a strong start to the week following Jerome Powell’s dovish press conference from Jackson Hole on Friday, ...

Temu-owner PDD tops quarterly revenue estimates, margin squeeze continues

PDD reported revenue of US$14.53 billion during the second quarter ended June, up 7 per cent from a year earlier.

PDD signals ongoing profit volatility as intensified merchant support reshapes platform ecosystem

PDD Holdings' Q2 2025 earnings highlight moderated revenue growth, profit volatility, and intensified competition as the company invests in ...