PDD Holdings Inc. American Depositary Shares (PDD)
Report: Temu Loses 58% of US Daily Users Due to Tariffs
Temu reportedly lost 58% of its eCommerce platform's daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Reuters reported the drop Monday (June 2), citing data from market intelligence firm Sensor Tower.
Temu's daily US users cut in half following end of ‘de minimis' loophole
Temu's parent, PDD Holdings, said last week that tariffs had created significant pressure for its merchants.
PDD Holdings Inc. Sponsored ADR (PDD) Is a Trending Stock: Facts to Know Before Betting on It
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 Holdings Q1: Resilient Growth Amid China's Macro Storm
PDD's long-term value hinges more on macro stability than near-term execution. Geopolitics will shape its trajectory. Strategic investments and balance sheet strength are clear, but regulatory tone and market sentiment remain decisive. In a favorable macro environment, PDD offers measured upside; without it, valuation compression may persist.
PDD Holdings: Sell-Off Creates Big Opportunity
Pinduoduo's Q1'25 earnings missed expectations, due to U.S.-China trade tensions, but I view this as a temporary setback only. Recent tariff pauses and ongoing negotiations suggest trade relations will normalize, benefiting Pinduoduo's international growth, especially via Temu. Pinduoduo remains profitable and trades at a discount to the industry group, offering compelling long-term value, with a forward P/E below 8.0X.
Temu parent is using coupons, lower fees to eat some costs of Trump's tariffs
PDD's stock tumbled as investments to fend off tariffs and competition lead to a big miss in quarterly earnings.
PDD Holdings Stock Sinks as Temu Parent's Results Come Up Well Short
PDD Holdings (PDD) shares are sinking Tuesday after the parent of the Temu shopping site posted first-quarter results that widely undershot analysts' estimates.
Temu parent PDD Holdings stock drops on sharp profit decline
PDD Holdings Inc (NASDAQ:PDD), the parent company of discount online retailer Temu, saw its US-listed shares plunge in early trade on Tuesday as its quarterly earnings fell short of expectations. For the first quarter, profit fell by 47% to RMB14.74 billion (US$2.03 billion), down from RMB28 billion in the year-ago quarter.
PDD Holdings Inc. Sponsored ADR (PDD) Lags Q1 Earnings and Revenue Estimates
PDD Holdings Inc. Sponsored ADR (PDD) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.83 per share a year ago.
PDD Holdings Inc. (PDD) Q1 2025 Earnings Call Transcript
PDD Holdings Inc. (NASDAQ:PDD ) Q1 2025 - Earnings Conference Call May 27, 2025 7:30 AM ET Company Participants Lei Chen - Chairman & Co-CEO Jiazhen Zhao - Executive Director & Co-CEO Jun Liu - VP, Finance Conference Call Participants Alicia Yap - Citigroup Kenneth Fong - UBS Joyce Ju - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings, Inc. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Temu Owner PDD's Profit Nearly Halves as Revenue Growth Slows to Three-Year Low
PDD Holdings' bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and increased merchant support weighed on its bottom line.
Temu-Owner PDD Misses Earnings Estimates. The Stock Falls 14%.
The company is in the crosshairs of President Donald Trump's tariffs on imports, particularly from China, which specializes in producing goods at low cost.
