PDD Holdings stock: will Temu be the next Wish (ContextLogic)?

PDD Holdings (NASDAQ: PDD) stock price has moved into a correction zone as concerns about Temu’s growth rise. The shares have slipped by more than 14% from their highest point this year. This retreat gives the Chinese behemoth a market cap of over $169 billion. Temu growth concernsCopy link to sectionPDD Holdings, the parent company spent heavily on the latest Super Bowl event. The firm spent millions airing six ads and offering $10 million worth of giveaways. This made it the biggest spender during the eve ...