Pinduoduo news and trends

Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
Connected Economy // October 07, 2024

The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the gains seen in the past few weeks. Get the Full Story Complete the form to unlock this article and enjoy...

Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher
Connected Economy // September 30, 2024

The CE 100 Index got a boost this week from China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

BNPL Firms Save the Day as CE 100 Breaks Even for Week
Connected Economy // September 02, 2024

It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore up the track last week. Solid Q2 earnings performances from Affirm and Sezzle led the CE 100 to a flat...

PDD Holdings Revenue Doubles as Consumers Seek ‘Value for Money’
Earnings // March 20, 2024

PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Interviews & Exclusives
CE 100 Index Jumps 5.2% as C3.ai and Snowflake Surge by Double Digits

November 25, 2024
Artificial intelligence — specifically, AI companies that have been riding the wave of simulating human cognition — powered the CE 100 Index 5.2% higher through the past week.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline

October 07, 2024
The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the gains seen in the past...

Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher

September 30, 2024
The CE 100 Index got a boost this week from China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

BNPL Firms Save the Day as CE 100 Breaks Even for Week

September 02, 2024
It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore up the track last week....

Quick Reads
PDD Holdings Revenue Doubles as Consumers Seek ‘Value for Money’

March 20, 2024
PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Temu Ad Spend Places It Among Largest Online Advertisers in US

January 31, 2024
Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace. Get the Full Story Complete the form to unlock this article and enjoy...

Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies

October 13, 2023
Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Get the Full Story Complete the form to unlock...

Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery

March 20, 2023
China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...