Shein and Temu, two widely popular low-cost Chinese online retailers, have sharply increased their prices for US customers in response to a sweeping new wave of tariffs imposed by President Donald Trump. The tariffs, announced in early April 2025, include a 145% levy on Chinese imports and the closure of the "de minimis" loophole, which had previously allowed goods valued under $800 to enter the United States duty-free.
Chinese e-tailer Temu has started adding "import charges" to customer orders in response to President Donald Trump's tariffs on China. Some of the fees range between 130% and 150%, more than doubling the cost of those items.
Recently, Zacks.com users have been paying close attention to PDD Holdings Inc. Sponsored ADR (PDD). This makes it worthwhile to examine what the stock has in store.
PDD, one of the largest e-commerce companies in China, launched Temu as its cross-border marketplace in 2022. It undercut many big retailers by allowing Chinese merchants to directly sell their goods to overseas buyers.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the latest trading session, PDD Holdings Inc. Sponsored ADR (PDD) closed at $94.36, marking a +0.72% move from the previous day.
PDD Holdings Inc. Sponsored ADR (PDD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
An earnings slowdown and macro headwinds have weighed on PDD's share price, resulting in an attractive discount to the fair value based on my estimates. With an excellent track record, the e-commerce giant deserves the benefit of the doubt in its current adjustment period. I initiate my coverage with a buy rating and a target price of $218, based on a DCF model with conservative assumptions.
PDD Holdings Inc. Sponsored ADR (PDD) concluded the recent trading session at $94.15, signifying a +0.18% move from its prior day's close.
Stocks plunged on Thursday in response to President Donald Trump's "reciprocal tariffs."
JD.com offers expanding margins, stronger valuation and stable returns, making it the preferred Chinese e-commerce play over PDD Holdings' uncertain growth strategy.
Recently, Zacks.com users have been paying close attention to PDD Holdings Inc. Sponsored ADR (PDD). This makes it worthwhile to examine what the stock has in store.