Pinduoduo Stock News

China stocks are struggling on tepid stimulus and fears of new Trump tariffs. Tesla rivals XPeng and BYD are among the best to buy or watch.

PDD offers a 37% CAGR over two years, with a 43.5% margin of safety based on intrinsic valuation. Best suited for short-term allocation amid the anticipated 2027 macro slowdown. Leveraging social e-commerce, PDD outpaces JD and Alibaba in revenue growth (81.5% five-year average) while expanding internationally via Temu and enhancing product quality and brand. Key risks include sentiment stagnat...

Michael Burry, the hedge-fund investor made famous by Michael Lewis's book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he's also making sure to protect his downside.

Discount marketplace Temu is facing regulatory challenges over its global expansion into the lucrative Southeast Asian e-commerce market after Indonesia slapped a ban on it trading in the country and Vietnam followed by warning it may take action.

DUBLIN and SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Thursday, November 21, 2024.

Analysts at DBS Bank estimate that the company's share of the Chinese e-commerce market fell to 42% in 2023 from 52% in 2021.

The Vietnamese government said it will block the internet domains and apps of Chinese online retailers Shein and Temu in the country if they have not registered their operations with the trade ministry before the end of November.

China-focused exchange-traded funds (ETFs) and stocks of Chinese companies listed on U.S. exchanges are falling in premarket trading Friday, after Beiing's latest stimulus package aimed at boosting the country's sluggish economy disappointed investors.