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  1. May 22, 2024 · Pinduoduo said net profit for the first three months of 2024 was US$3.88 billion (S$5.23 billion), up 246 per cent from the same period in 2023. The Shanghai-based firm added that sales in the ...

  2. 2 days ago · Pinduoduo, the mainland budget-shopping platform of PDD Holdings, has introduced an "automated price-tracking system" for merchants to swiftly adjust prices online, as China's e-commerce giants gear up for this year's 618 shopping festival. The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to "keep pace with [the pricing ...

  3. May 23, 2024 · Chan Long Hei/Bloomberg/Getty Images. Hong Kong CNN —. PDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive surge in profit and revenue as American...

  4. May 23, 2024 · Pinduoduo said net profit for the first three months of the year was US$3.88 billion, up 246 percent from the same period of last year. The Shanghai-based firm added that sales in the first quarter were about US$11.2 billion, an increase of 131 percent from a year earlier.

  5. May 23, 2024 · Pinduoduo's Market Cap Exceeds That of Alibaba as First-Quarter Revenue Beats. (Yicai) May 23 -- The market capitalization of Pinduoduo's listed arm surpassed that of rival Alibaba Group Holding after first-quarter revenue at the Chinese group-buying platform exceeded expectations.

  6. 2 days ago · Pinduoduo, the mainland budget-shopping platform of PDD Holdings, has introduced an “automated price-tracking system” for merchants to swiftly adjust prices online, as China’s e-commerce ...

  7. May 21, 2024 · Pinduoduo (formerly Walnut Street Group Holding) is a company operating a mobile e-commerce platform dedicated to providing value-for-money products and interactive shopping experiences. Its platform allows users to participate in group buying deals.

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