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The Latest Breaking News from PDD Holdings

PDD Holdings Jumps 15% On Earnings Beat; Revenue Up 66%

PDD stock jumped more than 15% Tuesday after the e-commerce company reported earnings that easily topped Wall Street analyst estimates.

Investors Business Daily

Best China Stocks: This Hot Tesla Rival Is In Buy Range

Here are the five best U.S.-traded Chinese stocks right now.

Investors Business Daily

PDD Holdings Stock Shows Rising Price Performance With Jump To 93 RS Rating

PDD Holdings ADR sees its Relative Strength Rating hit the elite 90-plus level.

Investors Business Daily

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read the most diverse news in one place.

PDD Holdings Stock Scores Relative Strength Rating Upgrade; Hits Key Threshold

PDD Holdings ADR shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 89.

Investors Business Daily

Inside America's controversial cheap shopping app Temu rivalling Amazon's prices

Since launching in September 2022, Temu has exploded in popularity across the US with many taking to TikTok to share the lightning deals on everything from beauty to power tools

Daily Mirror

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

Barchart

What is Temu? The ultra low cost online shopping store rivalling Shein and Wish

Temu has been popular in the US and offers massive discounts, up 99 per cent

Wales Online

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Who owns Temu? Weapons banned in UK apparently found on shopping app

The Chinese e-commerce site has come under pressure to enhance its verification procedure, get rid of hazardous products, and make independent sellers accountable when security breaches are discovered

Evening Standard

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

Barchart

PDD Holdings Stock Flashes Renewed Technical Strength

PDD Holdings ADR shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 85.

Investors Business Daily

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

The Independent UK

Google blocks Pinduoduo apps from Play Store over malware fears

Chinese ecommerce giant Pinduoduo banned from Google Play Store following over cybersecurity concerns.

TechRadar

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

The Independent UK

Dow Jones Futures: Tesla Among 7 Stocks Near Buy Points As Market Rally Revives

The stock market rally continued a dramatic comeback last week. Time for investors to act. Apple and Tesla are among stocks near buy points.

Investors Business Daily

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news in one place.

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Investors Business Daily

Alibaba Fights Through Multiple Obstacles To Report Quarterly Earnings Beat

Alibaba reported quarterly results early Thursday, as the China e-commerce giant beat estimates. BABA stock jumped.

Investors Business Daily

China Internet Stocks Slammed On Fear Of Growing Competition

JD stock and other China internet stocks dropped as JD plans to spend $1.5 billion to create a subsidiary, raising fears of more competition.

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