PDD Holdings Inc. Sponsored ADR (PDD) Rises As Market Takes a Dip: Key Facts
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TEMU enters Southeast Asia market.
Wearing a tight hoop curse.
Wu Sheng talks about pdd holdings and Taobao's exit from the "price war": Today, we need to operate in a more refined way.
On the afternoon of August 4th, Sina Technology News reported that at the 2024 New Species Explosion-Wu Sheng Business Method event, Wu Sheng, the founder of Scene Lab, said that e-commerce platforms such as PDD Holdings, TikTok, and Taobao are no longer taking a pricing strategy as their standard. Some choose to focus on Gross Merchandise Volume (GMV), some on users, and some on Average Order Value (AOV). However, in any case, we need to rethink user segmentation and retention and recognize that the essence of a price war is to make us think differently. Wu Sheng believes that this means that today, we need to operate in a more refined manner. Our most important assets are our users and virtual assets. How can we value them with rough pricing?
Do PDD Holdings' (NASDAQ:PDD) Earnings Warrant Your Attention?
After PDD Holdings donated 0.1 billion yuan to China Agricultural University to establish a research fund, the results have appeared one after another in international top journals such as "Cell" and "Nature".
According to the official website of China Agriculture University, the "PDD Holdings - China Agriculture University Research Fund" has recently made significant progress in its sponsored projects.
PDD Holdings Inc. Sponsored ADR (PDD) Stock Moves -0.83%: What You Should Know
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Express News | Alibaba up 1.5%, PDD Holdings up 3%, NIO up 2%
Express News | Bilibili up 4.3%, iQIYI up 3.7%, Kraneshares CSI China Internet ETF up 2.7%
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Anti-counterfeiting advocate Wang Hai claimed that Rui Wei cosmetic illegally added preservatives. The official response was that no relevant components were detected.
On the afternoon of July 31st, Wang Hai, a professional anti-counterfeiting activist, posted on Weibo saying that RNW, such as Wei Whitening and Moisturizing Essence Oil, sold on platforms such as Taobao, JD.com, and PDD Holdings, illegally (concealed) added preservatives: ethyl p-hydroxybenzoate and sunscreen agent: avobenzone. He stated that according to Article 12 of the "Regulations on the Administration of Cosmetics Labels", all cosmetic ingredients should be listed on the visible surface of the sales package. The manufacturer of this product is Guangzhou Dongzhimeng Cosmetics Co., Ltd. This product not only illegally (concealed) adds preservatives, but also involves false advertising. For details, please refer to the store information of the product.
Zacks.com Featured Highlights PDD Holdings, HNI and Amphenol
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