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2023-05-15 16:46:30 ET Shares of Chinese e-commerce platforms Alibaba (NYSE: BABA) , JD.com (NASDAQ: JD) , and Pinduoduo (NASDAQ: PDD) were rallying on Monday, up 3.5%, 6.7%, and 4.3%, respectively, in Monday trading. There wasn't any company-specific earnings ne...
2023-05-15 09:14:13 ET Alibaba ( NYSE: BABA ) shares led Chinese technology stocks higher in pre-market trading on Monday as the tech giant said it would make "huge" investments in its Taobao shopping platform. "We will make huge, historic investments to scale up the user base f...
2023-05-12 11:55:00 ET Chinese tech stocks looked to end the week lower after an economic report showed heightened inflation concerns from consumers. JD.com ( NASDAQ: JD ) sank nearly 5.5% , one day after it reported first-quarter results that handily topped expectat...
2023-05-11 08:37:10 ET Chinese tech stocks moved higher in pre-market trading on Thursday after JD.com ( NASDAQ: JD ) reported first-quarter results that handily topped expectations and unveiled management changes. Alibaba ( NYSE: BABA ) gained 2.4% , while Pindu...
2023-05-10 11:27:56 ET Several other Chinese tech stocks slipped on Wednesday as the U.S. watchdog in charge of auditing U.S.-listed Chinese companies said it had found several stark issues with audits performed by overseas auditors. In a statement , U.S. Public Company Account...
2023-05-08 12:38:23 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The e-commerce sector has been through wild swings in the last few years. The pandemic served as a big catalyst for online shopping, and e-commerce stocks surged. However, as the ...
2023-05-04 21:05:51 ET Summary Baillie Gifford’s 13F portfolio value increased from ~$96B to ~$111B this quarter. They increased Advanced Micro Devices, Duolingo, and Meta Platforms while reducing Elevance Health, Alphabet, AJ Gallagher & Co, and Booking Holdings. T...
2023-05-03 15:48:57 ET Shares of several Chinese stocks fell in April in what was a bumpy ride for the sector that saw both tailwinds and headwinds from broader economic data as well as rising geopolitical tensions between the U.S. and China. Shares of the large Chinese tech conglomerat...
2023-05-03 13:48:34 ET Summary PDD is growing quickly and has an attractive valuation. However, controversies over its Pinduoduo app spying on its customers, allegations against its Temu operations, and increased competition in China are all red flags. As such, it's best to st...
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...
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Pinduoduo Inc. Company Name:
PDD Stock Symbol:
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PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 28.05% on an annualized basis producing an average annual return of ...
Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates...
DUBLIN and SHANGHAI, April 25, 2024 (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, 2023 with the U.S. Securities and Exchange Comm...