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Temu Owner PDD Holdings’ Shares Sink as Growth Slows

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26 August 2024
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Temu’s parent company, PDD Holdings Inc., reported lower-than-expected sales in the second quarter, and share prices fell 15 percent on Aug. 26 before the market opened in New York. While revenue has increased, totaling more than $13 billion, the growth rate

Read more https://www.theepochtimes.com/china/temu-owner-pdds-shares-sink-as-growth-slows-5712967

  • Previous Article Chinese Military Plane Breaches Japanese Airspace
  • Next Article China Faces Global Backlash Over Latest Vessel Collision With Philippines in South China Sea

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