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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 $1.42. Revenues from online marketing services and others rose 56% Y/Y to $5.88 billion. Also Read: Why Are Chinese Stocks Including Baidu, JD And

Alibaba Rival PDD s Explosive Growth Continues, Revenue More Than Doubles - PDD Holdings (NASDAQ:PDD)

PDD Holdings Inc (NASDAQ: PDD) reported 131% revenue growth, beating analyst estimates. Adjusted earnings and operating profit also exceeded expectations.

Exploring Economic Indicators: Inflation, Retail Sales, and Household Debt

Retail Sales Flat in April, Below Expectations

Retail Sales Flat in April, Below Expectations
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Alibaba s New AI Model Claims to Beat OpenAI s GPT-4 in Language Skills

Alibaba s New AI Model Claims to Beat OpenAI s GPT-4 in Language Skills
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