Tag: PDDs

Alibaba Rival PDD’s Explosive Growth Continues, Revenue More Than Doubles

Alibaba Rival PDD’s Explosive Growth Continues, Revenue More Than Doubles PDD Holdings Inc (NASDAQ:PDD) reported fiscal first-quarter 2024 revenue growth of 131% year-on-year to $12.02 billion (86.81 billion Chinese yuan), beating the analyst consensus estimate of $10.65 billion. The Chinese online retailer’s adjusted earnings per ADS of $2.83 (CNY20.72) increased from CNY6.92 Y/Y, beating the analyst consensus estimate of […]