← All news
Earnings
Temu owner’s shares rise as results beat estimates despite tumbling profits
2 outlets - including Marketwatch and Bloomberg - are covering this story. PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
Covered by 2 outlets
All coverage · 2 articles
MarketWatch Top Stories
·Aug 24, 12:18 UTC
Temu owner’s shares rise as results beat estimates despite tumbling profits
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
Bloomberg Technology
·Aug 24, 12:00 UTC
Temu-Owner PDD Shares Rise as Adjusted Profit Tops Estimates
PDD Holding Inc.’s shares rose in premarket trading in New York after the Temu owner posted second-quarter adjusted earnings that beat expectations.