Temu owner’s shares rise as results beat estimates despite tumbling profits
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
Finance & markets
Temu owner’s shares rise as results beat estimates despite tumbling profits
Policy desk, National Trade News (2026-08-24): Temu owner’s shares rise as results beat estimates despite tumbling profits PDD Holdings reported a 12% decline in net profits in the three months ended June… Primary source: original at MarketWatch (marketwatch.com).