PDD Stock Slides After Temu Parent's Revenue Misses Estimates

PDD Holdings (PDD) stock slumped early Wednesday after the Chinese e-commerce giant and Temu parent company reported first-quarter results below expectations.
PDD earned an adjusted 9.51 yuan per American depositary share from sales of 106.2 billion yuan ($15.65 billion) for the March-ended quarter.
Analysts polled by FactSet were forecasting earnings per share of 16.26 yuan per ADS and sales of 109.8 billion… Copyright ©2026 Investor's Business Daily, LLC.

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