Chinese e-commerce giant $PDD Holdings (PDD.US)$ is set to release its first quarter 2024 financial result on May 22. PDD’s stock has gained 25% over the past months.
● The company is projected to achieve a revenue of 76.56 billion CNY, representing a year-over-year increase of 103.42%.
● Earnings per share are expected to be 10.41 CNY, up 87.61% from the year-ago quarter.
E-Commerce Push for Growth
E-commerce firms, including...