FMP
PDD Holdings Inc.
PDD
NASDAQ
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.
104.01 USD
0.74 (0.711%)
Latest PDD News
Davit Kirakosyan
Mar 20, 2025
PDD’s Q4 Revenue Miss Overshadows Strong Profit Growth
PDD Holdings (NASDAQ:PDD) reported fourth-quarter revenue that fell short of analyst expectations, despite solid earnings and profit growth. For the quarter, total revenue rose 24% year-over-year to RMB110.61 billion ($15.15 billion), but fell short of the RMB115.15 billion consensus estimate. However, adjusted earnings per American depositary share (ADS) came in at RMB20.15 ($2.76), beating analyst projections of RMB19.84. The company’s Q4 operating profit climbed 14% year-over-year to RMB25.59...
Danny Green
Aug 29, 2024
PDD Holdings Inc. (NASDAQ:PDD) Faces Legal Challenges and Stock Price Target Adjustments
PDD Holdings Inc. (NASDAQ:PDD), a leading e-commerce company based in Shanghai, China, has been a significant player in the online retail space since its inception in 2015. The company operates through its subsidiaries, offering a wide range of products on its platforms, including Temu in the United States and Pinduoduo in China. Despite its growth and expansion, PDD Holdings has recently faced challenges, as indicated by a series of class action lawsuits and a notable adjustment in its stock pr...
Davit Kirakosyan
Aug 26, 2024
PDD Holdings Shares Plummet 28% on Q2 Revenue Miss and Slowing Growth Outlook
PDD Holdings (NASDAQ:PDD) saw its shares nosedive by over 28% on Monday after reporting second-quarter revenue that missed analyst expectations, sparking concerns about slowing growth. The Chinese e-commerce company posted revenue of RMB97.06 billion ($13.36 billion), an 86% year-over-year increase but below the anticipated RMB99.42 billion. Despite beating earnings estimates with adjusted EPS of RMB23.24 ($3.20), the market reacted negatively to PDD's cautious outlook. The company warned that r...
Schaeffers Research
Aug 26, 2024
PDD Stock Heads for Worst Day Ever
PDD Holdings Inc (NASDAQ:PDD) stock is headed for its largest daily percentage drop ever, down 27.2% at $101.75 at last glance, after the China-based e-commerce name announced disappointing second-quarter results and warned of a revenue slowdown.
Investopedia
Aug 26, 2024
Temu Parent PDD Stock Sinks on Worse-Than-Expected Q2 Sales
American depositary receipts (ADRs) of Chinese e-commerce company PDD Holdings (PDD) are plunging in premarket trading Monday after the parent of discount marketplace Temu reported second-quarter sales of 97.06 billion yuan ($13.63 billion), below consensus estimates of analysts polled by Visible Alpha.
Barrons
Aug 26, 2024
Temu Owner PDD Plunges After Earnings Report. Here's Why.
The online retailer has quickly risen to challenge Amazon and Alibaba.
Market Watch
Aug 26, 2024
Temu parent PDD's stock tumbles after a revenue miss as competition intensified
The U.S.-listed shares of Temu parent PDD Holdings Inc. PDD, -4.97% tumbled 12.9% in premarket trading Monday, after the China-based e-commerce company reported second-quarter revenue that fell well short of expectations, and said it would accept a decline in profitability to invest in its ecosystem. Net income more than doubled, to RMB32.01 billion ($4.4 billion), or RMB21.61 a share, from RMB13.11 billion, or RMB9.00 a share, in the same period a year ago.
Reuters
Aug 26, 2024
Temu-owner PDD Holdings misses quarterly revenue estimates
China's PDD Holdings missed market estimates for quarterly revenue on Monday, as frail consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company's shares down nearly 14% in premarket trading.
Benzinga
Aug 23, 2024
Temu Parent Company PDD Faces Slight Selling Pressure Ahead Of Q2 Earnings: Bullish Trends Vs. Bearish Blips
The current trend for PDD Holdings Inc PDD, owner of Temu and Pinduoduo, is moderately bearish.
Market Watch
Aug 21, 2024
Shein sues Temu over copyright infringements as fast-fashion legal feud heats up
Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud.
