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Asian equities had a strong start to the week following Jerome Powell’s dovish press conference from Jackson Hole on Friday, ...
PDD Holdings delivered a double beat on earnings and revenue, surprising positively after a history of missing estimates.
PDD Holdings Monday posted second-quarter results that overshot analysts’ estimates even as the parent of the Temu shopping ...
PDD Holdings Inc. shares jumped over 11% premarket on Monday after the e-commerce giant reported second-quarter earnings that significantly exceeded analyst expectations, despite facing intense ...
PDD Holdings reported a notable rise in total revenues, which increased by 7% from RMB 97.06 billion in Q2 2024. This growth was primarily driven by a 13% increase in online marketing services revenue ...
Keurig Dr Pepper agreed to [buy the owner of Peet’s Coffee]( ...
Temu parent PDD Holdings (NASDAQ:PDD) stock is trading higher on Monday after the company reported fiscal second-quarter 2025 results. Revenue grew 7% year-on-year (Y/Y) to $14.52 billion (103.98 ...
Temu’s parent company PDD Holdings reported on Monday that its revenue growth slowed again in the second quarter, with executives citing “intense competition” as a reason for the slowdown. The period ...
Revenue was up 8.7% from a year ago to $14.5 billion for the parent company of Temu and Pinduoduo to beat the consensus mark by $160 million. The increase was noted to be primarily due to the increase ...
12hon MSN
Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.
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