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The Latest Breaking News from Pinduoduo Inc

Alibaba, Baidu, JD, Tencent And Other Chinese Stocks Tumble As Trump's Tariff Threats Renew US-China Trade Fears

Major Chinese technology and auto stocks tumbled on Monday as renewed trade hostilities between Washington and Beijing sent jitters across Asian markets. Hong Kong's Hang Seng index plunged 2.28%, and mainland China's CSI 300 saw a decline of 0.95%.

Benzinga

4 China Stocks to Buy Right Now

After prolonged isolation, China is reopening its doors to the world, and its leadership is determined to do the needful to revive the economy from its slumber. Hence, it could be the perfect opportunity to invest in growing Chinese stocks Pinduoduo (PDD), Hello Group (MOMO), China Automotive Systems (CAAS), and…

StockNews.com

Pinduoduo Stock Is Surging Today: What's Going On?

Pinduoduo Inc (NASDAQ: PDD) shares are trading higher Tuesday alongside several Chinese companies in possible anticipation of the country's "618" holiday shopping event.

Benzinga

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What's Going On With Pinduoduo Shares Today?

Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading higher by 6.86% at $52.36. Strength is possibly due to hopes of a Shanghai reopening.

Benzinga

Why Pinduoduo Shares Are Gaining Today

Pinduoduo Inc (NASDAQ:PDD) reported first-quarter FY22 revenue growth of 7% year-on-year to $3.75 billion, beating the consensus of $3.05 billion. Average monthly active users rose 4% Y/Y to 751.3 million. Active buyers in the twelve months ended March 31, 2022, increased 7% Y/Y to 881.9 million. Revenues from online marketing services and others rose…

Benzinga

Why Pinduoduo Shares Are Falling Today

Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading lower by 9.59% at $36.57. Shares of Chinese companies are trading lower in possible reaction to US President Biden's recent unveiling of the Indo-Pacific Economic Framework to counter China's influence in the region.

Benzinga

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to Overweight, Bloomberg reports. JPM also upgraded shares of Meituan (OTC: MPNGY), NetEase, Inc (NASDAQ: NTES), and Pinduoduo Inc (NASDAQ: PDD). "Significant uncertainties facing the sector should begin to abate on the back of recent regulatory announcements," the firm added. Also Read: Alibaba And…

Benzinga

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Why Pinduoduo Shares Are Trading Lower

Pinduoduo Inc (NYSE: PDD) shares are trading lower Monday after the Chinese government warned of a complicated job situation amid COVID-19 restrictions.

Benzinga

Why Pinduoduo Shares Are Falling

Shares of Chinese companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

Pinduoduo Shares Are Surging: Here's Why

Pinduoduo Inc (NASDAQ: PDD) shares are trading higher Friday after a Chinese state media report indicated the Chinese government may end its regulatory crackdown on big tech firms.

Benzinga

Why Pinduoduo Shares Are Falling

Shares of Chinese companies, including Pinduoduo Inc (NASDAQ: PDD), are trading lower, possibly on continued weakness amid COVID-19 concerns in China, which have led to lockdown measures and caused economic uncertainty.

Benzinga

Peering Into Pinduoduo Inc - American Depositary Shares's Recent Short Interest

Pinduoduo Inc - American Depositary Shares's (NASDAQ:PDD) short percent of float has risen 3.08% since its last report. The company recently reported that it has 24.87 million shares sold short, which is 2.01% of all regular shares that are available for trading.

Benzinga

Why Pinduoduo Shares Are Falling

Shares of Chinese companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Falling Today

Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ: PDD) shares are trading lower Thursday

Benzinga

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news in one place.

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Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Trading Higher Today

Shares of several Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ:

Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Rising Today

Shares of several Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), Nio Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ:

Benzinga

Meituan's Latest Move Rivals Against Likes Of Alibaba, JD

Meituan (OTC:MPNGY), famed as the "Amazon.com Inc (NASDAQ:AMZN) of services" in China, looked to expand its bouquet of services, tech node reports. The giant service app, whose services ranged from food delivery to travel booking, expanded to selling physical goods akin to Amazon. Meituan's latest move fired up rivalry against China's domestic retail…

Benzinga

Read Why UBS Is Bullish On This E-Commerce Company

UBS analyst Jerry Liu upgraded Pinduoduo Inc (NASDAQ:PDD) to Buy from Neutral with an unchanged $60 price target. The move comes after the agriculture technology platform reported EPS of $0.92, beating the consensus of $0.35. Related: Pinduoduo Clocks 3% Revenue Growth In Q4 Backed By Strategic Shift The analyst noted that the company’s margin expansion had offset…

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Benzinga

Here's Why Pinduoduo Shares Are Rising

Shares of several Chinese stocks, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading higher on continued volatility.

Benzinga

Why Alibaba, Baidu And Pinduoduo Shares Are Falling Today

Shares of Chinese companies, including Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU) and Pinduoduo Inc (NASDAQ:

Benzinga

US Adds Messaging Platforms Of Alibaba, Tencent To Its Counterfeit List

The U.S. added Alibaba Group Holding Ltd's (NYSE:BABA) AliExpress and Tencent Holdings Ltd's (OTC:TCEHY) WeChat messaging platforms to its list of notorious markets for counterfeiting and piracy Bloomberg reports. The messaging platforms were "two significant China-based online markets that reportedly facilitate substantial trademark counterfeiting," the Office of the U.S. Trade Representative said. WeChat and Weixin,…

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