NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ: PDD) between April 30, 2021 and June 25, 2024, both dates inclusive (the “Class Period”), of the important October 15, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased PDD Holdings securities during the Class Period you may be entitled to compensation without p ...

Luis Alvarez PDD Holdings (NASDAQ:PDD) stock crashed almost 30% in one day this week after management delivered weak guidance. In this article, I will explain why I believe that the discounting of this stock is likely just beginning. PDD is still overvalued relative to its peers The first problem with PDD Holdings is its valuation relative to the Chinese e-commerce sector. The company is valued at a forward price/sales ratio of 2.34x, according to Seeking Alpha data. Using two of its obvious peers, we ...

A focus on growth over profit didn't help PDD's stock this week.Shares of PDD Holdings (PDD 2.29%), which owns the popular online marketplace Temu, fell as much as 32.9% in trading this week, according to data provided by S&P Global Market Intelligence. The company reported earnings that showed an astounding 86% increase in revenue, but the biggest news was management saying the focus would be on growth, not profits, in the future.PDD's prioritiesSecond-quarter 2024 revenue jumped 86% to $13.6 billion, and ...

PDD Holdings Inc PDD stock is flapping its wings wildly after hitting a Death Cross on the charts. The stock, down 33.62% year-to-date and -21.50% over the past month, just crossed that ominous technical threshold where the short-term moving average dips below the long-term average. Translation? The bearish clouds are thickening. Chart created using Benzinga ProTemu Trouble & Tumbling StocksPDD Holdings, the parent company of Temu, is feeling the heat. Temu’s low-priced lure is creating headaches for rivals ...

在这个过程中，牺牲短期的利润是必须的。 再一个高速增长的季度之后，拼多多市值四天内减值约 800 亿美元。市场调整如此剧烈，是因为拼多多两 位 CEO 先后在电话会中说，二季度 "受益于改善的宏观环境，实现了强劲的财务业绩"，但面对消费需求 变化、竞争加剧以及全球环境的不确定性，公司需要增加投资、盈利能力因此受到影响。 之后拼多多董事长兼联席 CEO 陈磊又在分析师问答环节重申了前几个季度对投资人的预警：高收入增长 不可持续、盈利能力下降趋势不可避免、全球业务面临重大不确定性。他还给了更明确的预期称，盈利能 力会从三季度开始逐渐下降，且短期内不会有反弹。 在股东回报方面，拼多多也暂时不打算改变现有策略。"公司仍处于投资阶段，我们面临来自不同领域的 激烈竞争以及外部因素带来的不确定性。" 陈磊说。"因此，我们的管理团队和我一致认为，现在不是进行 股票回购或分红的合适时机。在可预见的未来几年内，我们也不认为有这样的需求。" 今年二季度拼多多总收入 970 亿元，以国内主站广告收入为主的在线营销收入贡献 491 亿元，包含海外 Temu 佣金收入的交易服务收入贡献 479 亿元，分别对应 29% 和 234% 的同 ...

Let's look into why this hot tech stock suddenly turned cold.Over the past couple of years, PDD Holdings (PDD 4.77%), managed to defy a weakened Chinese e-commerce market and put up stellar growth (even as rivals struggled). It was only after the company reported second-quarter earnings results that warned of challenges ahead that the stock price took a hit.Let's take a closer look at the company's earnings as well as other issues involving PDD to see if investors should buy this latest dip or stay away.Str ...

NEWTOWN, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Edelson Lechtzin LLP, a leading class action law firm, announces that investors of PDD Holdings Inc. f/k/a Pinduoduo (NASDAQ: PDD) between April 30, 2021, and June 25, 2023, inclusive (the “Class Period”) may seek appointment as lead plaintiff in the pending securities fraud class action lawsuit. A copy of the Complaint can be found HERE. Investors who purchased PDD Holdings stock may move the U.S. District Court for the Eastern District of New York to appoint ...

LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 15, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired PDD Holdings Inc. (“PDD” or the “Company”) (NASDAQ: PDD) securities between April 30, 2021 and June 25, 2024, inclusive (the “Class Period”). If you suffered a loss on your PDD investments or would like to inquire about potentially pursuing claims to r ...

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ: PDD).Shareholders who purchased shares of PDD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/pdd-holdings-inc-f-k-a-pinduoduo-inc-loss-submission-form/?id=98730& ...

Investment Rating - The report maintains a "Buy" rating for Pinduoduo with a target price of $119.82 per ADS [19][24]. Core Insights - Advertising revenue growth has slowed down, with Q2 2024 revenue at 97.1 billion CNY, a year-on-year increase of 86%, which is below market expectations of 100 billion CNY [16]. - The company reported a net profit of 34.4 billion CNY in Q2 2024, exceeding market expectations of 30.1 billion CNY, with a profit margin of 35.5% [16]. - Pinduoduo plans to increase investments in enhancing platform safety and supporting quality merchants to achieve high-quality growth amid intensified external competition [16]. Financial Performance Summary - Q2 2024 revenue: 97.1 billion CNY, up 86% YoY; advertising revenue: 49.1 billion CNY, up 29% YoY; commission revenue: 47.9 billion CNY, up 234% YoY [16]. - Q2 2024 adjusted net profit: 34.4 billion CNY, with a profit margin increase of 6.3 percentage points YoY [16]. - The company’s operating costs increased by 80% YoY, primarily due to fulfillment and payment processing fees [16]. Earnings Forecast and Valuation - Revenue projections for 2024-2026 are adjusted to 406.9 billion CNY, 511.1 billion CNY, and 600.3 billion CNY respectively, with adjusted net profits of 127.8 billion CNY, 154.3 billion CNY, and 194.5 billion CNY [17]. - The valuation approach includes PE valuation for the profitable main site and P/GMV valuation for high-growth segments like Duoduo Grocery and TEMU, leading to a total valuation of approximately 1,664 billion USD [24][25].