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The Latest Breaking News from PDD Holdings

PDD Stock Slides As Analyst Says Temu's U.S. Momentum Is 'Cresting'

PDD stock slid after analysts at Morgan Stanley said the rapid adoption of the Temu shopping app could be "cresting" in the U.S.

Investors Business Daily

Stocks End Lower as FOMC Minutes Signal No Imminent Fed Easing

Stocks End Lower as FOMC Minutes Signal No Imminent Fed Easing

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.06%. Stocks on Wednesday extended Tuesday’s losses and closed...

I’ve Got 5 Stocks and 5 DTEs: Which Call Should I Buy?

I’ve Got 5 Stocks and 5 DTEs: Which Call Should I Buy?

Wednesday’s unusual options activity had multiple stocks with two or more calls expiring on the same day. Five stocks caught my interest. Only one of the calls is worth buying.

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JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Dow Jones Hits 2023 High, Nasdaq Slips; Tesla Cybertruck, Salesforce In Focus: Weekly Review

The Dow Jones pushed higher, but the Nasdaq slipped despite strong software earnings and a Fed shift toward rate cuts. Tesla Cybertruck deliveries began.

Investors Business Daily

Why Chinese E-Commerce Giant Temu's Challenge To Amazon Is Boosting Meta

Temu's big spending on Facebook and Instagram ads has captured the attention of Meta stock analysts on Wall Street.

Investors Business Daily

Stock Market Today: Stocks Struggle for Direction After Mixed Fed Messages

E-commerce platform PDD Holdings jumped after earnings, while rival Shein reportedly filed confidential IPO paperwork.

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PDD Stock Jumps As Temu Parent Company's Sales Soar Past Expectations

PDD Stock Jumps As Temu Parent Company's Sales Soar Past Expectations

PDD stock jumped early Tuesday after Temu parent PDD Holdings reported 3Q earnings and sales that easily topped consensus.

Investors Business Daily

China's 'Double 11,' Black Friday's Big Brother, Is Set To Slow

China's 'Double 11,' Black Friday's Big Brother, Is Set To Slow

China's Singles Day is much larger than Black Friday, but the shopping event is expected to slow this year as China retailers struggle.

Investors Business Daily

Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person

Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person

Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

Temu App Owner Forming Base As User Growth Explodes

Temu App Owner Forming Base As User Growth Explodes

Temu app parent company PDD Holdings' stock is forming a new base on its chart. The app is being rolled out across the globe.

Investors Business Daily

PDD Holdings Stock Earns IBD Stock Rating Upgrade After Earnings Beat

PDD Holdings Stock Earns IBD Stock Rating Upgrade After Earnings Beat

PDD Holdings ADR saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 90 to 96.

Investors Business Daily

PDD Holdings Jumps 15% On Earnings Beat; Revenue Up 66%

PDD Holdings Jumps 15% On Earnings Beat; Revenue Up 66%

PDD stock jumped more than 15% Tuesday after the e-commerce company reported earnings that easily topped Wall Street analyst estimates.

Investors Business Daily

Best China Stocks: This Hot Tesla Rival Is In Buy Range

Best China Stocks: This Hot Tesla Rival Is In Buy Range

Here are the five best U.S.-traded Chinese stocks right now.

Investors Business Daily

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Investors Business Daily

PDD Holdings Stock Shows Rising Price Performance With Jump To 93 RS Rating

PDD Holdings ADR sees its Relative Strength Rating hit the elite 90-plus level.

Investors Business Daily

PDD Holdings Stock Scores Relative Strength Rating Upgrade; Hits Key Threshold

PDD Holdings ADR shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 89.

Inside America's controversial cheap shopping app Temu rivalling Amazon's prices

Since launching in September 2022, Temu has exploded in popularity across the US with many taking to TikTok to share the lightning deals on everything from beauty to power tools

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

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What is Temu? The ultra low cost online shopping store rivalling Shein and Wish

Temu has been popular in the US and offers massive discounts, up 99 per cent

Evening Standard

Who owns Temu? Weapons banned in UK apparently found on shopping app

The Chinese e-commerce site has come under pressure to enhance its verification procedure, get rid of hazardous products, and make independent sellers accountable when security breaches are discovered

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

Investors Business Daily

PDD Holdings Stock Flashes Renewed Technical Strength

PDD Holdings ADR shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 85.

The Independent UK

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

Google blocks Pinduoduo apps from Play Store over malware fears

Chinese ecommerce giant Pinduoduo banned from Google Play Store following over cybersecurity concerns.

The Independent UK

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

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