News list for " Pinduoduo"
On November 22nd, US stocks closed on Thursday, with the Dow initially closing up 1.06%, the S & P 500 index up 0.5%, and the Nasdaq index slightly higher. Pinduoduo (PDD. O) fell 10.6%, NVIDIA (NVDA. O) rose 0.5%, and MicroStrategy (MSTR. O) fell 16%. Nasdaq China Golden Dragon Index fell 1%, EH. O (EH. O) fell 13%, and Alibaba (BABA. N) fell 1.3%.
On October 23rd, Tuesday, Pinduoduo (PDD.US) shares fell back after a sharp intraday rise. On the news, BlackRock (BLK. N) disclosed documents on October 21 showing that it increased Pinduoduo's holdings significantly from 29 million shares in the second quarter to more than 132 million shares, equivalent to 9.5% of Pinduoduo's total share capital. However, the documents disclosed by BlackRock (BLK. N) seem to be a "big oolong". BlackRock issued another announcement at about 11:35 pm on the 22nd...
Pinduoduo (PDD. O) expanded its gains to 10.4%.
August 26 news, Pinduoduo (PDD. O) second quarter revenue 97.06 billion yuan, the same period last year revenue 52.281 billion yuan, the market is expected to 99.985 billion yuan.
On July 31st, on July 30th, "Pinduoduo's platform Temu angered sellers" was listed on Weibo's trending topic list. A video of hundreds of Pinduoduo's cross-border e-commerce platform (Temu) merchants going to Temu's Guangzhou headquarters to protect their rights recently appeared on social media. The merchants said that they were fined and deducted "after-sales reserve fees" by the Temu platform due to after-sales problems. The amount ranged from tens of thousands to several million yuan. The me...
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