Temu

PDD Holdings‘ (NASDAQ:PDD) Temu app has once again secured the top position as the most downloaded free app on Apple’s U.S. iOS store, marking its second consecutive year at the summit. What Happened: This achievement comes amid increasing scrutiny of Chinese companies by U.S....

Chinese e-commerce platforms Temu and Shein are outperforming Western retailers, using social media and a wide range of affordable goods to lure consumers. What Happened: Temu and Shein have transformed the online shopping landscape with their innovative business models and...

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) and PDD Holdings Inc (NASDAQ:PDD) were once the shining stars of China's e-commerce universe, but recent performance metrics suggest they're caught in a gravitational pull downward. Let's dive into the tale of two stocks that seem to be competing...

On Thursday, Temu parent PDD Holdings Inc (NASDAQ:PDD) reported fiscal third-quarter 2024 revenue growth of 44% year-on-year to $14.16 billion (68.84 billion Chinese yuan), missing the analyst consensus estimate of $14.47 billion. The Chinese online retailer's adjusted...

On Wednesday, the Cathie Wood-led Ark Invest made substantial trades in Rocket Lab USA Inc (NASDAQ:RKLB), Amazon.com Inc (NASDAQ:AMZN), and Archer Aviation (NYSE:ACHR). The Rocket Lab USA Inc Trade Ark Invest sold 479,628 shares in Rocket Lab USA. The trades were made through ARK Autonomous...

PDD Holdings Inc. (NASDAQ:PDD) has been making headlines with a 35% gain over the past year and a 56% rise in the last month. PDD Stock Soars Amid China's Economic Stimulus As China implements significant economic stimulus measures, the e-commerce giant's stock is riding high, even in a challenging...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

US-listed shares of Chinese stocks, including Alibaba Group Holding Limited (NYSE:BABA) and PDD Holdings, Inc. (NASDAQ:PDD), are trading slightly lower Monday following weak economic data released over the weekend. The Details: Data released on Saturday showed factory output, consumption and...

PDD Holdings, Inc. (NASDAQ:PDD) shares are moving lower Friday after the White House announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce platforms including Temu and Shein.  The Details:  The Biden Administration issued an official statement on...

The Biden-Harris Administration announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce platforms like Shein and PDD Holdings Inc. (NASDAQ:PDD) owned Temu. What Happened: As per the official statement from the White House on Friday, the de minimis exemption,...

In recent developments, the U.S. Consumer Products Safety Commission (CPSC) has called for an investigation into e-commerce retailers Shein and PDD Holdings Inc. (NASDAQ:PDD) owned Temu. The demand comes in light of allegations regarding the sale of “deadly baby and toddler products” on...

PDD Holdings Inc (NASDAQ:PDD) shares took a significant hit in August, plummeting approximately 22% to $95.55, largely due to revenue falling short of expectations for the second quarter. What Happened: For its fiscal second quarter, the parent company of Temu announced that revenue grew 86% year-...

Just recently, the stock shares in PDD Holdings, the parent company of the shopping Temu app, tanked over 30%. The fall wiped off over $50 billion in market value and sent shockwaves through e-commerce. The stock had led a dramatic downturn after the company issued lower-than-expected revenue...

PDD Holdings Inc. (NASDAQ:PDD) shares continue trading lower Tuesday after the stock posted its largest single-day loss on Monday following its second-quarter results. What To Know: PDD shares plummeted more than 28% Monday after the company warned that increased competition and other challenges...

The current trend for PDD Holdings Inc (NASDAQ:PDD), owner of Temu and Pinduoduo, is moderately bearish. The Shanghai-based online retailer saw its share price spike 78.36% over the past year. However, it’s down 4.6% year-to-date. Let’s look at what the charts indicate for PDD and how...