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The Latest Breaking News from PDD Holdings

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

From analysis to the latest developments in health,
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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

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

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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.

Investors Business Daily

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