PINDUODUO (PDD) news

Pinduoduo (Minutes): Clearly Not Engaging in Instant Retail

Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday

Wall Street Interprets Pinduoduo's Earnings: Short-term Profit Pressure, but Self-operated Business and Supply Chain Investment Target Long-term Moat

Wall Street believes that Pinduoduo’s second-quarter transaction service revenue fell sharply due to the impact of the EU’s cancellation of tax exemptions affecting Temu, leading to short-term profit pressure. However, the company proactively increased support for domestic merchants (100 billion), as well as investments in the global supply chain and private brands, to build long-term competitive advantages. All three major investment banks maintain a "buy" rating. Goldman Sachs believes the domestic business is resilient and the extremely low valuation has fully reflected short-term risks. Jefferies states that the self-operated model focuses deeply on factory supply chains, establishing strong competitive barriers. Morgan Stanley reports that by refusing to pursue instant retail and focusing on core e-commerce, Pinduoduo demonstrates strong strategic resolve.

Sector Update: Consumer Stocks Rise Monday Afternoon

Pinduoduo Conference Call: Continued Investment in the Supply Chain, In-house Brand Development Slower Than Expected, but "Rebuilding Another Pinduoduo in Three Years" Goal Remains Unchanged

During the conference call, management made it clear that the strategic focus has shifted toward deep supply chain transformation. The "10 Billion Ecosystem" initiative is expanding into agricultural production areas, industrial clusters, and logistics infrastructure. Although the development of private label business is slower than expected, it remains the core strategy for "rebuilding PDD in three years," with a focus on long-term co-development between platform-leading categories and manufacturers. In response to the EU's new tariff policies, global business will shift toward local merchants and warehousing fulfillment to enhance resilience. The company emphasized its commitment to long-termism and does not pursue short-term scale.

LatePost Exclusive | In the new consumer environment, Pinduoduo returns to the "basic market" of grocery shopping

The Dow Jones opened down 0.03%, the Nasdaq fell 0.44%, and the S&P 500 dropped 0.14%. Leading tech stocks saw declines: Intel dropped 1.34%, AMD fell 1%, and Qualcomm decreased by 0.84%. The Nasdaq Golden Dragon China Index was down 1.12%. Pinduoduo rose 2.9%, while XPeng Group fell 2.95%.

Pinduoduo (PDD.US) rises over 2% as adjusted second-quarter profit exceeds expectations.

Sector Update: Consumer

Pinduoduo (PDD.US): In the medium to long term, the company will expand its local product supply and improve the coverage of local fulfillment services.

Pinduoduo (PDD.US): In the short term, cross-border orders in the affected markets will face lower fulfillment efficiency and higher costs.

Pinduoduo (PDD.US): We expect that changes to EU tariffs will have a significant short-term impact on our cross-border business.

Stocks Down Pre-Bell as Investors Await Key Inflation Data, Warsh Speech, Nvidia Earnings

US-Canada Tariff Situation Nudges US Equity Futures Lower Pre-Bell

On August 24, Pinduoduo released its latest financial report, showing Q2 revenue of 112.4 billions CNY and Non-GAAP R&D investment of 4.3 billions CNY, a year-on-year increase of 40%. This year, Pinduoduo has continued to increase investment in industry development, technological research, and platform governance. In terms of platform governance, Pinduoduo has consistently allocated more resources, enhanced its technical prevention and control systems, expanded its professional governance team,

On August 24, Pinduoduo released its latest financial report: the Q2 profit was 27.2 billion yuan, down 12% year-on-year; non-GAAP R&D investment reached 4.3 billion yuan, up 40% year-on-year. Over the past quarter, Pinduoduo’s initiatives such as the “Tens of Billions Support” strategy continued to increase investment in platform governance, technological R&D, and the industrial ecosystem. These substantial investments have somewhat weighed on the profit performance for the quarter, but they h

Pinduoduo (PDD.US): Compliance will be regarded as a fundamental priority.

Pinduoduo (PDD.US): We will make every effort to safeguard consumers' rights and establish long-lasting trust.

PDD Q2 Non-GAAP Earnings Fall, Revenue Rises

Pinduoduo (PDD.US) reported second-quarter revenue of 112.4 billion yuan, compared to an estimated 115.2 billion yuan.

Pinduoduo drops 5% in pre-market trading

--Earnings Flash (PDD) PDD Posts Q2 Adjusted Earnings 19.33 Renminbi per ADS, vs. FactSet Est of 18.45 Renminbi

--Earnings Flash (PDD) PDD Posts Q2 Revenue 112.36B Chinese Renminbi, vs. FactSet Est of 115.09B Renminbi

PDD Holdings Q2 FY26 net income drops 12% to RMB 27.2 billion; revenue rises 8% to RMB 112.4 billion

PDD Holdings says independent director Ivonne Rietjens dies at 67

Most popular Chinese concept stocks rose, with Kingsoft Cloud surging nearly 12% after its earnings report as Q2 revenue increased by 30.8% year-on-year to a historic high; Li Auto climbed nearly 5%, Trip.com, MINISO, and Tencent Music gained over 3%, while Pinduoduo and KE Holdings rose more than 2%.

PDD Holdings to release Q2 results, host earnings call

According to disclosures by the US Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, held a total market value of approximately $19.1 billion at the end of Q2, down from about $20.0 billion at the end of Q1. In the second quarter, H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba. At the same time, it significantly reduced its holdings in Nvidia, Google,

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