PDD

Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
May 28, 2025
[SHANGHAI] Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic platform suffered from intense local competition...
China’s richest man berates PDD, ByteDance for months of misery
November 22, 2024
CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped...
Temu-owner PDD reports 44% rise in Q3 revenue; misses market estimates
November 21, 2024
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates.Revenue reached 99.35 billion yuan (S$18.4 billion)...