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Temu-owner PDD Holdings profit falls 47% as it faces challenges at home and abroad
theglobeandmail.com/business/article-temu-owner-pdd-holdings-profit-falls-47-as-it-faces-challenges-at-home
Chinese e-commerce firm PDD Holdings Inc. PDD-Q saw first-quarter net profit fall 47 per cent to 14.74 billion yuan (US$2.05-billion) as its domestic platform suffered from intense local competition and its international business was hit by global trade uncertainty.
U.S.-listed shares of…
This story appeared on theglobeandmail.com, 2025-05-27 13:50:50.