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The Latest Breaking News from Pinduoduo

Why we're skipping priority shipping

FedEx, UPS report a decline in demand for priority shipping

Salon

Best China Stocks: Tesla Rivals BYD, Nio Lead 5 Stocks Near Buy Points Amid Stimulus Bets

China stocks have roared recently on Chinese stimulus and hopes for more. Tesla rivals Nio and BYD are among the best to buy or watch.

Investors Business Daily

Alibaba, JD Keep Up China Stimulus Rally; PDD Recovers From Earnings Slide

Alibaba stock and shares of rival JD.com extended their rallies Wednesday, helped by optimism about Chinese economic stimulus.

Investors Business Daily

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Temu parent tops Tesla with biggest cash pile of any public company that doesn’t pay investors

PDD Holdings, the parent company of Chinese e-commerce giants Temu and Pinduoduo, has a cash pile that totals $38 billion, according to the FT.

Fortune

Temu's woes are fresh signs of the doom loop headed for China's economy

"As a result, the Chinese economy runs the risk of getting caught in a doom loop of falling prices, insolvency, factory closures, and, ultimately, job losses."

Fortune

Temu's billionaire founder lost his title as China's richest person just 20 days after winning it

Colin Huang’s net worth tanked $14.1 billion after disappointing earnings results.

Fortune

Chinese Tech Giant Alibaba's Quarterly Profit Shrinks 29 Percent

Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.

International Business Times

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E-commerce Tycoon Huang Tops China's Rich List

E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful algorithms.

International Business Times

Temu Office Mobbed By Chinese Suppliers Saying Westerners Get Free Products When They Demand For Refunds But Never Return Items

Chinese suppliers staged a protest at Temu headquarters, demanding changes to the company's refund policy.

International Business Times UK

Analysts Don't Expect Google, These Other Companies To Slow Their Profit Growth

Google stock is near a buy point and a record high. Analysts raised their profit estimates on the e-commerce giant. Abercrombie stock is back.

Investors Business Daily

What Are the 2 Highest-Rated Nasdaq-100 Stocks? The Answer Might Surprise You.

Discover why analysts are endorsing Coca-Cola Europacific and PDD Holdings as top-rated companies in the Nasdaq-100, citing their strong performance and growth potential.

Barchart

Butterfly Option Trade Offers Twice The Amount It Risks

This PDD butterfly spread has the potential to return $1,000 while only risking $500.

Investors Business Daily

Temu Owner PDD Near New Buy Point In Stock Market Action

PDD stock is trying to break out past its latest buy point in today's stock market, but shares of the Temu owner dropped Tuesday.

Investors Business Daily

Amazon Has A Flashy New Rival In PDD's Temu Shopping Site. It Should Take The Threat Seriously.

Temu emerged from nowhere to become an e-commerce force with aggressive marketing and super-low prices. And Amazon stock watchers are thinking the unthinkable.

Investors Business Daily

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news in one place.

100’s of premium titles.
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Investors Business Daily

Best China Stocks: Tesla Rival Leads Five Stocks Near Buy Points

The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.

StockNews.com

What Makes Pinduoduo (PDD) and JD.com (JD) Stand out as Prime China Stock Investments Today?

Despite facing several challenges, China's economy shows signs of resurgence driven by several stimulus measures undertaken by the authorities to boost its economy. Although property sales continue to disappoint, a recovery in consumer spending and a rise in domestic demand will likely contribute to economic growth. Given this backdrop, let's…

Top News

Pinduoduo's Net Profit Nearly Doubles In 2023

Pinduoduo, a rising Chinese online retailer, reports a significant profit increase in 2023 but faces global scrutiny.

WEKU

Temu promises cheap goods. Here's how the shopping app does it

Temu aggressively markets "hot deals," such as a hooded button-up fleece jacket for $8.32. But some U.S. officials accuse Temu of unfair and/or unethical practices.

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news in one place.

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Tom’s Guide

What is Temu? Everything you need to know

Everything you need to know about Temu's online marketplace and its Super Bowl commercials

Fortune

Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD

Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division.

The Independent UK

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

Fortune

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

The Street

UOA Forecast Crazy Pinduoduo Pop: The Rebel's Edge

Jon and Pete Najarian join forces to discuss and debate their favorite topics, including the hottest stock-specific news and sports! Today: $PDD, $MU, and the NCAA Transfer Portal

Fortune

Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person

Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

The Conversation

Temu: China's answer to Amazon is already Australia's most popular free app. What makes it so addictive?

If you spend much time online you’ve probably seen one of Temu’s colourful ads – punctuated by its catchy tagline: “shopping like a billionaire”.

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