Latest Breaking News On - Proshares online retail - Page 1 : comparemela.com

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

Economic indicators provide insight into the health and performance of an economy. Inflation has been an ongoing topic of conversation.

Retail Sales Flat in April, Below Expectations

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