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PDD posts quarterly results, shows new supply chain project · TechNode

PDD attributed the better-than-expectation performance in the first quarter of 2023 to online retail recovery in China. ....

Zhao Jiazhen , Duoduo Maicai , Chen Lei , Pdd Holdings , Ecosystem Initiative ,

Baystreet.ca - Why Did This China e-Commerce Giant Gain 18.99%?

In 2021, China's technology stocks peaked after the government cracked down on the industry. Pinduoduo renamed itself to PDD Holdings. Last year, PDD stock bottomed at $40 and traded as high as $100. The slump to $60 ended when it posted strong Q1 results.

PDD . ....

Jiazhen Zhao , Ecosystem Initiative , Executive Director , Co Chief Executive Officer , Ecosystem Initiative ,

Baystreet.ca - Why Did This China e-Commerce Giant Gain 18.99%?

In 2021, China's technology stocks peaked after the government cracked down on the industry. Pinduoduo renamed itself to PDD Holdings. Last year, PDD stock bottomed at $40 and traded as high as $100. The slump to $60 ended when it posted strong Q1 results.

PDD . ....

Jiazhen Zhao , Ecosystem Initiative , Executive Director , Co Chief Executive Officer , Ecosystem Initiative ,