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PDD Holdings' bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and increased merchant support weighed on its bottom line.
The company is in the crosshairs of President Donald Trump's tariffs on imports, particularly from China, which specializes in producing goods at low cost.
Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.
DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025.
PDD Holdings Inc. PDD will release its first-quarter earnings results before the opening bell on Tuesday, May 27.
PDD's strategic investments create near-term volatility despite long-term potential. Hold current positions while new investors await clearer signals from Q1 results.
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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
This week will be important for the stock market as NVIDIA publishes its financial results on Wednesday. NVIDIA is watched closely because of its role in the artificial intelligence industry.
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PDD Holdings Inc. Sponsored ADR (PDD) closed the most recent trading day at $117.38, moving -0.9% from the previous trading session.