pinduoduo Archives - Coinspeaker

Nasdaq Composite Closed Lower on Tuesday as Oracle Loses 13% and Other Tech Stocks Slide

The Nasdaq saw a lower close as tech stocks fell after Oracle released figures that disappointed Wall Street.

Google Suspends China’s Pinduoduo App from Play Store Citing Malware Issues

Business News, Mobile, News, Technology News

By Bhushan Akolkar Mar 21, 2023

The Pinduoduo app serves more than 700 million people every month. Google has no word on when it will get the app back on the Play Store.

US-Listed Chinese Tech Companies No Longer See Hong Kong Listing as Vital Hedge Strategy Following PCAOB Development

Business News, Market News, News, Stocks, Wall Street

By Tolu Ajiboye Dec 29, 2022

As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans.

Business News, Market News, News

Pinduoduo Launches New US Site to Break into International Markets and Rival Amazon

By Tolu Ajiboye Sep 2, 2022

Pinduoduo has launched new US site, Temu, to compete with Amazon and popular e-commerce websites for a share of the international market.

Business News, Market News, News

Pinduoduo Looks to Expand Its Business to US

By Godfrey Benjamin Aug 22, 2022

Pinduoduo is still one of the few Chinese companies that have its shares traded on a public bourse in America.

Business News, Market News, News, Personal Finance, Stocks

Colin Huang Loses $27B in World’s Biggest Drop amid Ongoing China Crackdown

By Tolu Ajiboye Sep 17, 2021

The market value of Pinduoduo, the tech platform owned by Colin Huang, shed $53 billion following the government crackdown in China.

Business News, Indices, Market News, News, Stocks

Alibaba Stock Down after Charitable ‘Common Prosperity’ Donation

By Tolu Ajiboye Sep 3, 2021

Alibaba stock slid amid ‘common prosperity’ donation and increasing wave of regulatory clampdowns. Stocks on the Hang Seng Tech Index also plunged.

Business News, Editor's Choice, Market News, News, Stocks

PDD Shares Take Hit as Pinduoduo Battles Fresh Employee Welfare Criticism

By Godfrey Benjamin Jan 12, 2021

Despite the reported drop in the shares of Pinduoduo, the company is still seeing potential growth in other key aspects of its metrics.

Business News, Market News, News, Stocks, Wall Street

BABA Stock Fell 5.87% on Friday as Alibaba Projects Slowing Revenue Growth

By Christopher Hamman May 25, 2020

Alibaba (BABA) stock price is down as the e-commerce giant expects that its revenue growth will slow this year due to the coronavirus pandemic.

Business News, Market News, News, Stocks, Wall Street

U.S.-Listed PDD Stock Rose 1.66% Yesterday as Pinduoduo Is Serious Rival to Alibaba and JD

By Steve Muchoki Apr 22, 2020

Pinduoduo (PDD) stock rose by 1.66% to trade slightly above $50 on April 21. The U.S.-listed Chinese company is becoming a fast-growing rival to Alibaba and JD in China.

Blockchain News, Business News, Market News, News, Stocks

Pinduoduo Surpasses JD.com in Valuation as Chinese Business Is on the Global Front Burner

By Christopher Hamman Oct 28, 2019

Chinese retailer Pinduoduo has just surpassed JD.com to become the 4th largest internet company in China.