PDD Holdings (PDD) Facing Regulatory Challenges, Here’s What You Need To Know

PDD Holdings Inc. (NASDAQ:PDD) is one of the Most Undervalued Foreign Stocks to Buy According to Analysts. On January 21, Reuters reported that PDD Holdings Inc. (NASDAQ:PDD) was fined 100,000 yuan, approximately $14,359, by the Shanghai district taxation bureau due to failure in submitting tax information as per the requirements. ​ The company has been facing challenges from regulators and increased competition, due to which management has warned of slowing growth in the coming quarters. As reported ear ...