Unsorted
PDD, owner of Temu, fires dozens of workers after fistfight with China officials
PDD Holdings fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were…
Tag
PDD
Business
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan China’s PDD Holdings beat forecasts on…
Business
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic…
Unsorted
China’s richest man berates PDD, ByteDance for months of misery
CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and…
Business
Temu-owner PDD reports 44% rise in Q3 revenue; misses market estimates
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates.…