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2023-04-30 02:23:41 ET Summary Big tech earnings season is well underway. By now, most of the big names have reported their first quarter numbers. Most the big ones all beat estimates, although several still had negative earnings growth. In this article, I explore five tec...
2023-04-28 08:45:00 ET Pdd (NASDAQ: PDD) , a rising star in China's e-commerce industry -- and better known as Pinduoduo -- has come from nowhere to become a leading rival to Alibaba Group and JD.com in that market. And now, it is setting its sights on a larger sta...
DUBLIN and SHANGHAI, April 26, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Comm...
2023-04-25 14:53:58 ET Alibaba ( NYSE: BABA ) and other leading Chinese tech and Internet companies saw their share stumble as trading progressed Tuesday as a group of U.S. senators called for sanctions on a handful of Chinese cloud service providers. The nine Republican senator...
2023-04-25 14:51:42 ET Shares of several stocks based in China and Hong Kong fell today as geopolitical tensions between the U.S. and China ratcheted up, and due to some negative sentiment from Wall Street. Shares of the world's largest chipmaker, Taiwan Semiconductor (NYSE: TSM) ...
2023-04-24 23:31:20 ET Summary KWEB has the potential to be the top performer among Chinese ETFs, in the event that China's reopening grows faster than previously thought in 2H 2023. Online retail sales are expected to show significant year-over-year improvement, as Shanghai has b...
2023-04-20 14:18:31 ET Alibaba ( NYSE: BABA ), Baidu ( BIDU ) and other Chinese Internet and tech stocks slipped into the red Thursday as Beijing gave its approval to 86 new video games. China's National Public and Press Association released a list of the games that got ...
2023-04-12 11:40:08 ET Alibaba ( NYSE: BABA ), JD.com ( JD ) and other big-name Chinese tech stocks retreated Wednesday in the wake of China's Internet regulator proposing new rules to oversee and control the use of artificial intelligence technology around the country. On T...
2023-04-11 07:00:00 ET Summary PDD's recently launched Temu cross-border e-commerce service has been accused of hosting malware to spy on users. After the accusation came to light, a 100-member company team tasked with finding loopholes in the Android operating system was reported...
2023-04-10 03:40:08 ET Summary Meituan's long-awaited food delivery service launch in Hong Kong appears to be just around the corner. The battle of the food delivery market in Hong Kong goes on and is heating up, with dominance by Deliveroo and Foodpanda. It's hard to give a c...
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2024-05-17 08:00:05 ET Kenneth Fong from UBS issued a price target of $248.00 for PDD on 2024-05-17 06:00:00. The adjusted price target was set to $248.00. At the time of the announcement, PDD was trading at $143.38. The overall price target consensus is at $131.63 with ...
DUBLIN and SHANGHAI, May 15, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it w...
DUBLIN and SHANGHAI, May 15, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Wednesday...