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Temu parent $PDD Holdings (PDD.US)$ is seeing increasing demand for put options that could protect the shareholders from further declines as its American depositary receipts (ADRs) slumped 30%.
"Revenue growth will inevitably face pressure due to intensified competition and external challenges,” VP of Finance Jun Liu, said in the company's earnings release Monday. “Profitability will also likely be impacted as we con...
"Revenue growth will inevitably face pressure due to intensified competition and external challenges,” VP of Finance Jun Liu, said in the company's earnings release Monday. “Profitability will also likely be impacted as we con...
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$PDD Holdings (PDD.US)$ , which runs discount-focused platforms Pinduoduo in China and Temu for the international market, experienced its largest one-day share drop since its U.S. listing in 2018. The decline of over 28% erased almost $55 billion in market capitalisation.
It is rare to see such a significant market adjustment for a large-cap company like this, especially considering that Pinduoduo has continued to be favored by many in...
It is rare to see such a significant market adjustment for a large-cap company like this, especially considering that Pinduoduo has continued to be favored by many in...
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$PDD Holdings (PDD.US)$ i think i am almost ready to exit. the bloodbath and heartattack is too much to handle
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Alright, folks, buckle up! The financial markets are serving us a buffet of red numbers, and it’s looking more like a clearance sale at the world's biggest discount store—everything must go!
First up, the ProShares Online Retail ETF (ONLN.US). It's down by 4.43%, which is like the financial equivalent of getting a great deal on something, only to realize it’s non-refundable. Then there’s the Global X MSCI China Consumer Discretionary ETF...
First up, the ProShares Online Retail ETF (ONLN.US). It's down by 4.43%, which is like the financial equivalent of getting a great deal on something, only to realize it’s non-refundable. Then there’s the Global X MSCI China Consumer Discretionary ETF...
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Pinduoduo’s shares plunged 28.5% yesterday after the company posted earnings that missed forecasts and delivered a bleak outlook.
All major e-commerce firms have now reported their second-quarter results, highlighting a stark contrast in performance. $Amazon (AMZN.US)$ and $JD.com (JD.US)$ have fallen 6% and 2% respectively this month, while Sea, MercadoLibre, and $Shopify (SHOP.US)$ have jumped more than 20%...
All major e-commerce firms have now reported their second-quarter results, highlighting a stark contrast in performance. $Amazon (AMZN.US)$ and $JD.com (JD.US)$ have fallen 6% and 2% respectively this month, while Sea, MercadoLibre, and $Shopify (SHOP.US)$ have jumped more than 20%...
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On August 26, after PDD released its financial report, the market was on edge. The content of the conference call caused further declines. This article will analyze PDD's earnings report and subsequent strategies from three aspects to guide investment:
1. Why Did PDD Sharply Decline?
After the financial report was disclosed, the stock began to fall rapidly in pre-market trading, with a decline of about -12%. The ma...
1. Why Did PDD Sharply Decline?
After the financial report was disclosed, the stock began to fall rapidly in pre-market trading, with a decline of about -12%. The ma...
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KEY TAKEAWAYS
PDD ADRs Dive Pre-Market: Shares of Chinese e-commerce giant PDD plunged in pre-market trading after its discount marketplace Temu reported lower-than-expected sales.
Q2 Sales Miss: PDD's second-quarter sales of 97.06 billion yuan ($13.63 billion) fell short of analysts' consensus estimates, causing market jitters.
Challenges Ahead: PDD's chairman and co-CEO Lei Chen acknowledge...
PDD ADRs Dive Pre-Market: Shares of Chinese e-commerce giant PDD plunged in pre-market trading after its discount marketplace Temu reported lower-than-expected sales.
Q2 Sales Miss: PDD's second-quarter sales of 97.06 billion yuan ($13.63 billion) fell short of analysts' consensus estimates, causing market jitters.
Challenges Ahead: PDD's chairman and co-CEO Lei Chen acknowledge...
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$PDD Holdings (PDD.US)$ This is just too much.. a good company with consistent revenue, high cash flow, good cash to debt ratio.. Q2 revenue missed by 3%, the stock plunged >35%.. all thanks to the CEO's negative comments..
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$PDD Holdings (PDD.US)$ $BABA went from $300 to $50s so nothing is too much nothing is a surprise with Chinese stocks
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whqqq : Looks good!
73658517 : Just popping in to say hello.
小铁扣123 : What should we do, everyone?
70178686 :
101879436 : Awesome!
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