Investor's Business Daily on MSN36m
PDD Stock Falls As Temu Parent Misses Revenue Forecast
PDD Holdings fell as the Temu parent company's growth rate slowed further from triple-digit levels at the start of last year.
The Atlanta Journal-Constitution48m
Stock market today: Wall Street gives back some gains after the Fed extends interest rate pause
Markets on Wall Street Thursday gave back some of their gains from a day earlier, when the Federal Reserve proclaimed the U.S. economy healthy and left its main interest rate unchanged.
Temu Owner PDD Posts Slowest Revenue Growth Since Early 2022
Last month, rival Alibaba posted its fastest pace of revenue growth since late 2023, with revenue for the latest quarter rising 7.6% to 280 billion yuan. Online retailer JD.com earlier this month ...
Temu-owner PDD Holdings misses quarterly revenue expectations
PDD Holdings, which operates Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in its Chinese e-commerce business despite deep discounts and ...