PDD Holdings Inc. American Depositary Shares (PDD)
Temu owner PDD falls after reporting lower revenue than expected
Shares in PDD Holdings Inc (NASDAQ:PDD) fell 7% in premarket trading in New York after the Temu owner reported lower revenues than expected for the final quarter of last year. The Shanghai-based tech conglomerate, which also has a base in Dublin, Ireland, reported total fourth-quarter revenues of RMB 110.6 billion (US$115.15 billion), an increase of 24% on a year earlier.
Temu Owner PDD Stock Falls. It Missed on Earnings.
Quarterly earnings were 18.53 yuan per American-listed share, on revenue of 110.6 billion yuan, missing analysts' expectations.
Temu-owner PDD Holdings misses quarterly revenue expectations
PDD Holdings , which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in the company's Chinese e-commerce business despite deep discounts and government stimulus to boost spending.
PDD Earnings Amid Chinese Stock Breakout: Will PDD Join Rally?
PDD Holdings (PDD) reports earnings tomorrow morning. While other Chinese stocks rallied through a show of strength in international stocks, Jeff Pierce notes tariffs and overvaluation as concerns.
PDD Holdings Q4 Earnings Preview: Preparing For The End Of De Minimis
PDD's Temu division drives growth despite margin contraction; company recycles margins for long-term global customer acquisition. 4Q24 results may show further margin slippage due to investments in marketing, discounts, and shipping to sustain Temu's growth. PDD remains undervalued at 10x PE with significant upside potential; market consensus price target is $147 for 2025, rising to $207 for 2026.
Temu Owner PDD and Alibaba Stocks Fall. It Isn't Just Tariffs Dragging Down China Shares.
China's retaliatory levies on U.S. imports kicked in Monday—and that wasn't the only reason investors were in a sour mood.
Why the Market Dipped But PDD Holdings Inc. Sponsored ADR (PDD) Gained Today
PDD Holdings Inc. Sponsored ADR (PDD) closed at $113.41 in the latest trading session, marking a +0.72% move from the prior day.
Trade Tracker: Steve Weiss trims PDD Holdings, the KWEB and sells SLB
Steve Weiss, founder and managing Partner at Short Hills Capital Partners, joins CNBC's “Halftime Report” to detail his latest portfolio moves.
PDD Holdings Inc. Sponsored ADR (PDD) Rises Higher Than Market: Key Facts
In the most recent trading session, PDD Holdings Inc. Sponsored ADR (PDD) closed at $119.77, indicating a +0.5% shift from the previous trading day.
Here is What to Know Beyond Why PDD Holdings Inc. Sponsored ADR (PDD) is a Trending Stock
Zacks.com users have recently been watching PDD Holdings Inc. Sponsored ADR (PDD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
PDD Holdings: Here Comes The Hard Part
PDD Holdings: Here Comes The Hard Part
Wall Street Analysts Think PDD Holdings Inc. Sponsored ADR (PDD) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
