The Latest Breaking News from Pinduoduo

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…

As inflation and recession concerns squeeze American consumers, many are turning to a new mobile app with Chinese roots.

The Dow Jones Industrial Average fell Tuesday, as China Covid-19 concerns eased. Alibaba, JD.com and Pinduoduo surged higher.

Apple iPhone production could be lower than anticipated.

Futures fell amid China Covid unrest. Be cautious as the S&P 500 faces a big test with key economic data due.

Upgrades

Someone with a lot of money to spend has taken a bullish stance on Pinduoduo (NASDAQ:PDD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Key Takeaways: Nearly two months after its launch, Pinduoduo’s cross-border e-commerce Temu app is among the top U.S. e-commerce apps based on new download rankings Despite its early success, the app will face a series of challenges in its target U.S. market, including cutthroat competition and high marketing expenses

A whale with a lot of money to spend has taken a noticeably bullish stance on Pinduoduo. Looking at options history for Pinduoduo (NASDAQ:PDD) we detected 24 strange trades.