Pinduoduo Stock News

Concerns over tariffs and their effects on raw materials and consumer pricing are continuing to rock American stock markets. The S&P 500 is down 2% so far in 2025, putting the major index on track to document its first quarterly loss since June 2023.

The stock market has had a shaky start to the year. The tech-centric Nasdaq Composite (^IXIC -2.70%) is down 7% year to date at the time of this writing.

The markets aren't faring any better as of mid-morning trading. In fact, stocks have widened their losses, with the Dow Jones Industrial Average now off by over 400 points.

Chinese stocks have quietly achieved a strong return in 2025, trouncing the general drop in U.S. stocks. The SPDR S&P China ETF NYSEARCA: GXC has returned over 15% year-to-date as of the Mar. 24 close.

PDD's Q4-24 revenue and EBIT missed consensus due to lower transaction service revenue, but online marketing service revenue was in line. Despite Temu's slower growth, PDD's domestic e-commerce and grocery delivery business remain strong, supporting a bullish outlook. PDD's valuation is compelling at 8x forward EBITDA, implying $170/share or 35% upside, trading at a discount to peers like BABA ...

PDD (PDD -3.31%) is one of China's fastest-growing e-commerce companies. In the years since its 2015 founding, it has attracted hundreds of millions of shoppers with its discount marketplace for group purchases.

One of the more prominent hedge fund managers today, Appaloosa Management's David Tepper, has been one of the busiest lately. His investment vehicle recently made some big moves, to the point where Appaloosa's lineup of largest holdings has changed.

It's never fun to see the value of your investments go down during a market sell-off. The Nasdaq Composite (^IXIC -0.33%) recently dipped into correction territory, defined as falling at least 10% from recent highs.