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2024-03-24 00:08:16 ET Summary Alibaba's stock price trends have been weak in recent months owing to underwhelming financial updates, particularly for its big e-commerce segment. However, the company's focus on AI to drive growth has potential, particularly for its cloud busi...
2024-03-22 09:00:00 ET Summary Wednesday, PDD Holdings Inc. put out its Q4 earnings, beating EPS estimates by a whopping 45%. Revenue grew 123% and earnings grew 146%. Nevertheless, the stock dropped 7.2% after the release came out. Some people may have found the numbers "...
2024-03-21 14:59:56 ET Summary Alibaba Group Holding Limited is one of the world's leading e-commerce businesses, with 50% market share in China and rapidly-growing international operations. The company's operations span various sectors, with half its revenue derived from Chinese ...
2024-03-21 06:30:00 ET Summary PDD operates e-commerce site Pinduoduo in China, which mostly provides affordable and bargain products directly from manufacturers to price-sensitive consumers in smaller cities. The company reported its revenue rose 123% YoY in the fourth quarter to...
2024-03-20 16:59:00 ET Summary The Federal Reserve keeps interest rates unchanged and sticks with three projected rate cuts in 2024 despite higher growth and inflation forecasts. Stock and bond markets react positively to the Fed's decision, with the S&P 500 reaching a new rec...
2024-03-20 12:09:10 ET PDD Holdings Inc. (PDD) Q4 2023 Earnings Conference Call March 20, 2024 07:30 ET Company Participants Lei Chen - Chairman & Co-Chief Executive Officer Jiazhen Zhao - Executive Director & Co-Chief Executive Officer Jun Liu - Vice Pre...
2024-03-20 10:58:58 ET Shares of PDD Holdings (NASDAQ: PDD) were popping today after the Chinese e-commerce giant posted another round of blistering growth in its fourth-quarter earnings report. Revenue and operating profit both more than doubled in the period. As of 9:45 a.m., ...
PDD Holdings Inc. (NASDAQ: PDD) is one today's most active stocks by volume. So far today, approximately 29.69M shares of PDD Holdings Inc. have been exchanged, as compared to an average 30-day volume of 7.74M shares. PDD Holdings Inc., through its subsidiaries, operates an e-commerce platform...
2024-03-20 10:20:53 ET Summary PDD Holdings Inc. reported a strong full-year FY2023 earnings report by beating estimates for its top-line and bottom line figures. The company is continuing to benefit from deeper adoption of its Temu app, which was the most downloaded app on the Ap...
2024-03-20 09:30:18 ET In this video, I will go over Pinduoduo 's (NASDAQ: PDD) recent earnings report and what this means for Alibaba investors amid the controversies around a potential TikTok ban/divesture. *Stock prices used were from the trading day of March 19, 2024. ...
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2024-06-01 10:05:00 ET PDD Holdings (NASDAQ: PDD) continues to see exceptional growth. The Chinese e-commerce company's revenue once again more than doubled in its most recent quarter. The stock has managed to buck the trend of other Chinese stocks and is now up over 120% over t...
PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 37.54% on an annualized basis producing an average annual return of ...
Alibaba Group Holding Limited (NYSE:BABA), through its online platform AliExpress, has significantly increased its presence in South Korea, doublin...