Pinduoduo Stock News

Chinese stocks experienced significant declines on Friday as trade tensions between the US and China escalated.   The downturn was triggered by China's move to impose retailiatory tariffs on the US.

The so-called ‘de minimis' rule has long allowed items under $800 to be shipped free of tariffs and inspections to the U.S.

Amazon stock and other e-commerce players slid Thursday morning amid a market rout on President Trump's tariff plan. The post Amazon Stock Slides On Trump Tariff Plan.

The Chinese bargain shopping platform plans to allocate over 100 billion yuan in capital, traffic and other resources to strengthen its e-commerce ecosystem and support merchants.

Chinese e-commerce platform Pinduoduo, which is owned by PDD Holdings , will invest 100 billion yuan ($13.7 billion)over the next three years in transforming and upgrading platform merchants, Pinduoduo said on Thursday.

PDD Holdings reported strong Q4 earnings with a 24% Y/Y revenue growth rate, driven by the success of its Temu platform in overseas markets. Temu's growth has significantly boosted PDD's revenue growth and gross profits, making it the most profitable Chinese large-cap with a 57% gross profit margin. Temu is expected to continue to expand rapidly, which should continue to lead to above-average t...

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.