Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates

Reuters2025-05-27

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eskynet
·2025-05-27
Impressive numbers, yet the market remains unforgiving. PDD Holdings delivered a robust Q1 performance with revenue hitting RMB 95.67B and adjusted net income at RMB 16.9B. However, despite the strong fundamentals, shares plunged over 12% in premarket trading. This is a classic reminder: even strong earnings can’t always offset market sentiment or sky-high expectations. Watching closely to see if this dip becomes an opportunity or a deeper correction.
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But shifting global trade policy might make it difficult for Temu to avoid price increases in future.</p><p>PDD&#39;s net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.</p><p>($1 = 7.1949 Chinese yuan renminbi)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTemu-Owner PDD Holdings Misses Quarterly Revenue Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-27 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 27 (Reuters) - May 27 (Reuters) - Chinese e-commerce company <a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a> missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.</p><p>U.S.-listed shares of the company plunged 20% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e82c661e54e70a31b8177115e4598a3a\" tg-width=\"783\" tg-height=\"844\"/></p><p>Despite deep price cuts from retailers and government stimulus measures to boost spending, a prolonged property crisis in the world&#39;s second-largest economy has cast a shadow over consumer spending, even on PDD&#39;s Pinduoduo, which has out-performed peers with its low-price focus.</p><p>Both Pinduoduo and global site Temu leverage PDD&#39;s extensive network of suppliers in China to provide products at low prices.</p><p>PDD reported revenue of 95.67 billion yuan ($13.30 billion)for the quarter ended March 31, compared with analysts&#39; average estimate of 102.51 billion yuan, according to data compiled by LSEG.</p><p>The U.S. earlier this month slashed tariff rates for goods from China valued at under $800 entering the country under the &#34;de minimis&#34; provision, a trade exemption leveraged by Temu to avoid tariffs and keep prices low. But shifting global trade policy might make it difficult for Temu to avoid price increases in future.</p><p>PDD&#39;s net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.</p><p>($1 = 7.1949 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PDD","symbol_name":"拼多多","start_time":0,"source_url":"","article_id":"1124253833","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124253833","pubTimestamp":1748347608,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PDD Holdings Q1 Revenue RMB 95,672.2 Million, Net Income RMB 14,741.8 Million, Adjusted Net Income RMB 16,916 MillionPDD Holdings shares sank about 8% in premarket trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PDD":"拼多多"},"translate_title":"Temu所有者拼多多控股未达季度收入预期","themeId":"ffc88a87a2088e32a08c6c46ab3498c4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PDD":1.1},"content_text":"May 27 (Reuters) - May 27 (Reuters) - Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.U.S.-listed shares of the company plunged 20% in premarket trading.Despite deep price cuts from retailers and government stimulus measures to boost spending, a prolonged property crisis in the world's second-largest economy has cast a shadow over consumer spending, even on PDD's Pinduoduo, which has out-performed peers with its low-price focus.Both Pinduoduo and global site Temu leverage PDD's extensive network of suppliers in China to provide products at low prices.PDD reported revenue of 95.67 billion yuan ($13.30 billion)for the quarter ended March 31, compared with analysts' average estimate of 102.51 billion yuan, according to data compiled by LSEG.The U.S. earlier this month slashed tariff rates for goods from China valued at under $800 entering the country under the \"de minimis\" provision, a trade exemption leveraged by Temu to avoid tariffs and keep prices low. But shifting global trade policy might make it difficult for Temu to avoid price increases in future.PDD's net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.($1 = 7.1949 Chinese yuan renminbi)","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":439559687447112,"gmtCreate":1748342494491,"gmtModify":1748352132124,"author":{"id":"3575229953916501","authorId":"3575229953916501","name":"eskynet","avatar":"https://static.tigerbbs.com/c7b6abb6e5ee07f40f27a74a6bda6f0a","vip":1,"crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3575229953916501","idStr":"3575229953916501"},"htmlText":"Impressive numbers, yet the market remains unforgiving. PDD Holdings delivered a robust Q1 performance with revenue hitting RMB 95.67B and adjusted net income at RMB 16.9B. However, despite the strong fundamentals, shares plunged over 12% in premarket trading. This is a classic reminder: even strong earnings can’t always offset market sentiment or sky-high expectations. Watching closely to see if this dip becomes an opportunity or a deeper correction.","listText":"Impressive numbers, yet the market remains unforgiving. PDD Holdings delivered a robust Q1 performance with revenue hitting RMB 95.67B and adjusted net income at RMB 16.9B. However, despite the strong fundamentals, shares plunged over 12% in premarket trading. This is a classic reminder: even strong earnings can’t always offset market sentiment or sky-high expectations. Watching closely to see if this dip becomes an opportunity or a deeper correction.","text":"Impressive numbers, yet the market remains unforgiving. PDD Holdings delivered a robust Q1 performance with revenue hitting RMB 95.67B and adjusted net income at RMB 16.9B. However, despite the strong fundamentals, shares plunged over 12% in premarket trading. This is a classic reminder: even strong earnings can’t always offset market sentiment or sky-high expectations. Watching closely to see if this dip becomes an opportunity or a deeper correction.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/439559687447112","repostId":1124253833,"repostType":4,"repost":{"id":"1124253833","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748347608,"share":"https://ttm.financial/m/news/1124253833?lang=en_US&edition=fundamental","pubTime":"2025-05-27 20:06","market":"us","language":"en","title":"Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1124253833","media":"Reuters","summary":"PDD Holdings Q1 Revenue RMB 95,672.2 Million, Net Income RMB 14,741.8 Million, Adjusted Net Income RMB 16,916 MillionPDD Holdings shares sank about 8% in premarket trading.","content":"<html><head></head><body><p>May 27 (Reuters) - May 27 (Reuters) - Chinese e-commerce company <a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a> missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.</p><p>U.S.-listed shares of the company plunged 20% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e82c661e54e70a31b8177115e4598a3a\" tg-width=\"783\" tg-height=\"844\"/></p><p>Despite deep price cuts from retailers and government stimulus measures to boost spending, a prolonged property crisis in the world&#39;s second-largest economy has cast a shadow over consumer spending, even on PDD&#39;s Pinduoduo, which has out-performed peers with its low-price focus.</p><p>Both Pinduoduo and global site Temu leverage PDD&#39;s extensive network of suppliers in China to provide products at low prices.</p><p>PDD reported revenue of 95.67 billion yuan ($13.30 billion)for the quarter ended March 31, compared with analysts&#39; average estimate of 102.51 billion yuan, according to data compiled by LSEG.</p><p>The U.S. earlier this month slashed tariff rates for goods from China valued at under $800 entering the country under the &#34;de minimis&#34; provision, a trade exemption leveraged by Temu to avoid tariffs and keep prices low. But shifting global trade policy might make it difficult for Temu to avoid price increases in future.</p><p>PDD&#39;s net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.</p><p>($1 = 7.1949 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTemu-Owner PDD Holdings Misses Quarterly Revenue Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-27 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 27 (Reuters) - May 27 (Reuters) - Chinese e-commerce company <a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a> missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.</p><p>U.S.-listed shares of the company plunged 20% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e82c661e54e70a31b8177115e4598a3a\" tg-width=\"783\" tg-height=\"844\"/></p><p>Despite deep price cuts from retailers and government stimulus measures to boost spending, a prolonged property crisis in the world&#39;s second-largest economy has cast a shadow over consumer spending, even on PDD&#39;s Pinduoduo, which has out-performed peers with its low-price focus.</p><p>Both Pinduoduo and global site Temu leverage PDD&#39;s extensive network of suppliers in China to provide products at low prices.</p><p>PDD reported revenue of 95.67 billion yuan ($13.30 billion)for the quarter ended March 31, compared with analysts&#39; average estimate of 102.51 billion yuan, according to data compiled by LSEG.</p><p>The U.S. earlier this month slashed tariff rates for goods from China valued at under $800 entering the country under the &#34;de minimis&#34; provision, a trade exemption leveraged by Temu to avoid tariffs and keep prices low. But shifting global trade policy might make it difficult for Temu to avoid price increases in future.</p><p>PDD&#39;s net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.</p><p>($1 = 7.1949 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124253833","content_text":"May 27 (Reuters) - May 27 (Reuters) - Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.U.S.-listed shares of the company plunged 20% in premarket trading.Despite deep price cuts from retailers and government stimulus measures to boost spending, a prolonged property crisis in the world's second-largest economy has cast a shadow over consumer spending, even on PDD's Pinduoduo, which has out-performed peers with its low-price focus.Both Pinduoduo and global site Temu leverage PDD's extensive network of suppliers in China to provide products at low prices.PDD reported revenue of 95.67 billion yuan ($13.30 billion)for the quarter ended March 31, compared with analysts' average estimate of 102.51 billion yuan, according to data compiled by LSEG.The U.S. earlier this month slashed tariff rates for goods from China valued at under $800 entering the country under the \"de minimis\" provision, a trade exemption leveraged by Temu to avoid tariffs and keep prices low. But shifting global trade policy might make it difficult for Temu to avoid price increases in future.PDD's net income fell 47% to 14.74 billion yuan in the quarter from 28 billion yuan a year earlier.($1 = 7.1949 Chinese yuan renminbi)","news_type":1,"symbols_score_info":{"PDD":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":24,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}