As 618 shopping frenzy grows, Beijing warns e-commerce giants over price-war tactics

Officials summoned Alibaba, JD.com, Pinduoduo, Douyin and RedNote over marketing practices, underscoring official concern ...
MSN on MSN

China summons Pinduoduo, JD.com over misleading advertising

Beijing’s efforts to tame 'involution-style' competition have hit major Chinese firms across online shopping, food delivery ...

China’s Pinduoduo, JD.com among 5 summoned over false advertising

Beijing's market watchdog also summoned representatives from social media sites Douyin and RedNote. Read more at straitstimes ...

Temu Expansion Tests Balance Between PDD Holdings Growth And Profitability

PDD Holdings (NasdaqGS:PDD) is seeing global growth momentum as Temu rapidly expands as a shopping app across multiple ...
Nasdaq

Is Pinduoduo Stock a Buy Now?

Pinduoduo's (NASDAQ: PDD) stock rallied 15% on May 27 after the Chinese e-commerce company posted its first-quarter earnings report. Its revenue rose 7% year over year to 23.79 billion yuan ($3.75 ...
Nasdaq

3 Things About Pinduoduo That Smart Investors Know

Pinduoduo's (NASDAQ: PDD) stock recently rallied after the Chinese e-commerce company posted its fourth-quarter report on March 21. Its revenue rose 3% year over year to 27.23 billion yuan ($4.27 ...
NBC New York

Pinduoduo parent sees transaction revenue surge 315% as Chinese consumers hunt for bargains

Consumers in China are hunting for bargains when they spend, the latest earnings from online retailers show. Chinese e-commerce giant PDD Holdings posted 94% growth in third-quarter revenue, far ...