PDD Holdings Inc. (PDD)
|Net Income (ttm)
|126.20 - 130.79
|59.67 - 152.99
|Mar 18, 2024
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was form... [Read more]
In 2022, PDD Holdings's revenue was 130.56 billion, an increase of 38.97% compared to the previous year's 93.95 billion. Earnings were 31.54 billion, an increase of 305.96%.Financial numbers in CNY Financial Statements
According to 12 analysts, the average rating for PDD stock is "Strong Buy." The 12-month stock price forecast is $123.83, which is a decrease of -3.51% from the latest price.
The U.S. market is closely watching Chinese company Temu as it aggressively pursues global expansion.
Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct...
Chinese-owned e-commerce giant Temu dropped tens of millions of dollars on three Super Bowl commercials and offered $15 million in giveaways in hopes of getting a major leg up with US shoppers.
PDD Holdings (NASDAQ: PDD) stock price has moved into a correction zone as concerns about Temu's growth rise. The shares have slipped by more than 14% from their highest point this year.
Temu dropped tens of millions of dollars on its flurry of Super Bowl ads — and its big spending may pay off
Temu's Super Bowl ads sparked a surge in online searches despite recent downturn among users. The e-commerce company splurged on three spots during Sunday's big game.
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
Temu's Super Bowl Ad Was Inescapable. What to Know About Its Parent Company—and Why It Is Spending So Much.
If you tuned into the Super Bowl on Sunday, you might have found it almost impossible to escape Temu's ads.
The Kansas City Chief may have been the big winners at Sunday's Super Bowl, but Chinese e-commerce company Temu apparently scored as well.
Temu sees fewer new users post Super Bowl compared to last year
CNBC's Courtney Reagan joins 'Power Lunch' to report on whether Super Bowl ads are still turning strong consumer interest for companies.
The budget-friendly online retailer has made inroads against U.S. and Chinese rivals alike.
Temu, the controversial Chinese retailer, skyrocketed to prominence last year after it ran a Super Bowl ad that invited customers to shop "like a billionaire."
China e-commerce player Temu is about to run its second Super Bowl ad — and do $10 million in giveaways
It's rare for a Chinese firm to buy a Super Bowl ad spot, which costs millions of dollars, but Temu already ran its first Super Bowl commercial last year.
Chinese stocks have bounced higher amid a flurry of signals of government support. It may not last.
Chinese stocks struggle as government tries to stabilize markets
China's stocks have endured serious declines, with the median stock down over 20% amid government missteps in stabilizing markets. Beijing has been pursuing a piecemeal strategy to inject stimulus int...
Chinese stocks could benefit if U.S. tech cracks: Mizuho Americas
Farzin Azarm of Mizuho Americas says money has been sticking with U.S. tech and artificial intelligence related stocks given their continuous climb; but when these trades unwind, cheaper valuation com...
Investors had seized on reports that a government stimulus effort is on the way, but the gains began to fade on Friday.
Temu, the online retailer owned by the parent of Chinese e-commerce company Pinduoduo, is opening its platform to U.S. and European sellers.
Temu's Most Loyal Shoppers Are Boomers and Gen Xers
Temu is attracting hordes of Boomer and Generation X shoppers, belying the Chinese e-commerce app's reputation as a destination for younger consumers, according to Chicago research firm Attain. Attain...
Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States. Contrary to its reputation as a platform for younger consume...
Major Chinese companies were falling on Wednesday. Latest economic figures from Beijing were a disappointment and the outlook this year doesn't look much better.
Shares of PDD Holdings NASDAQ: PDD, a global, multinational commerce group formerly Pinduoduo Inc., have sharply risen over the previous six months, up over 100%.
In every market, there are markers and yardsticks - or benchmarks as they like to call them - that attract investment dollars in and out of specific vehicles and asset classes. Focusing on stocks toda...
PDD Holdings (NASDAQ: PDD) stock price surged in 2023, helped by the growing popularity of Temu, the fast-growing e-commerce company. The shares jumped to $150, its highest level since March 2021.