Temu parent PDD Holdings Inc (NASDAQ:PDD) reported fiscal second-quarter 2024 revenue growth of 86% year-on-year to $13.36 billion (97.06 billion Chinese yuan), missing the analyst consensus ...

The Chinese ecommerce group behind Temu, whose stock plunged this week ... its hoarding of cash is regarded as a “red flag” by some investors, who say its financial statements are opaque ...

In the latest warning to global markets on the health of the Chinese economy, Temu-owner PDD Holdings this ... were the latest in a series of red flags about the Chinese economy.

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Temu parent PDD Holdings Inc (NASDAQ:PDD) reported fiscal second-quarter 2024 revenue growth of 86% year-on-year to $13.36 billion (97.06 billion Chinese yuan), missing the analyst consensus estimate ...