Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Bank Contagion Keeps Buyers Sidelined, Pinduoduo’s “Investment” Leaves Investors Wanting

Por: Forbes Business March 21, 2023

thumbnail

China Last NightKraneShares Pinduoduo Q4 Earnings Release E-commerce company Pinduoduo released Q4 2022 results this morning. Revenue missed lofty analyst expectations, despite growing +46% year-over-year, while adjusted net income and adjusted earnings per share (EPS) beat analyst expectations. Pinduoduo’s stock has had a decent 2023 so far. The company did not give a forecast, though noted “steady growth” of consumers during Q1 2023... + full article



Similar News

Social Media-Powered Bank Runs Like Silicon Valley Bank Will Make It Harder To Avoid Repeating History

Forbes USA Business March 16, 2023

thumbnailThere's no equating last week’s Silicon Valley Bank crisis and subsequent fallout with any moment in history. But that doesn't mean we aren't facing down the barrel of a potential contagious banking crisis like we did in 2008 or 1930. Rescuing uninsured... + más

How Jerome Powell Killed Silicon Valley Bank | Forbes

Why Deposit Insurance Didn’t Help Silicon Valley Bank | Forbes


Chinese E-Commerce Tycoon Colin Huang Loses $3.1 Billion In One Day As Imminent Price War Spooks Investors

Forbes USA Business February 22, 2023

thumbnailPinduoduo founder Colin Huang (Photo by Qilai Shen/Bloomberg)© 2017 Bloomberg Finance LP E-commerce giants JD.com and Pinduoduo are on the cusp of a new price war, with the former pledging more than $1 billion in fresh subsidies to win over budget shoppers. But concerns over... + más

L.A. bribery trial spotlights City Hall corruption in run-up to election | Los Angeles Times

Jury finds L.A. skyscraper developer paid Jose Huizar more than $1 million in bribes | Los Angeles Times


What To Know About Temu: New Chinese-Owned Fast Fashion App Draws Comparisons (Good And Bad) To Shein

Forbes USA Business February 18, 2023

thumbnailTopline You might have seen its Super Bowl ad or a Temu haul on TikTok as part of the aggressive marketing effort for the company that wants you to “shop like a billionaire,” resulting in millions of downloads—and mixed reactions from customers. The Boston-based,... + más

The Truth About Temu, the Most Downloaded New App in America | Time

No IPO But Online Giant Shein To Open Tokyo Store This Month | Forbes


Temu Social Shopping App, Already A Winner, Kicks Off U.S. Campaign With Super Bowl Ads

Forbes USA Business February 14, 2023

thumbnailThe Temu website arranged in Hong Kong, China, on Thursday, Nov. 3, 2022. In September, Pinduoduo ... [+] launched Temu — a global online shopping platform that is already climbing the ranks in the US Apple Store. Photographer: Lam Yik/Bloomberg© 2022 Bloomberg Finance LP... + más

The Truth About Temu, the Most Downloaded New App in America | Time

What To Know About Temu: New Chinese-Owned Fast Fashion App Draws Comparisons (Good And Bad) To Shein | Forbes


Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism

Forbes USA Business January 05, 2023

thumbnailTopline Chinese stocks listed on U.S. exchanges soared Wednesday, far outpacing the broader market, as investors latched onto a easing of business regulations from Beijing. It was a banner day for U.S.-listed Chinese stocks.Getty Images Key Facts Shares of the 10 largest... + más

China’s Fintech Giants Ant Group’s Alipay And Tencent’s WeChat Diminished By Crackdown, But Still Formidable | Forbes

Alipay+ Feels Like Déjà Vu All Over Again | Forbes


In China’s Slumping Economy, Pinduoduo’s Reclusive Billionaire Founder Has Managed To Gain $15 Billion

Forbes USA Business November 29, 2022

thumbnailColin Huang, founder of Pinduoduo.Qilai Shen/Bloomberg , the reclusive billionaire founder of discount e-commerce site Pinduoduo, is now worth $26 billion. Huang is currently the fourth richest person in China, according to , ahead of fellow e-commerce tycoons of Alibaba and of... + más

Chinese tech giants' push into U.S., Europe's markets sets up potential clash with Amazon | CNBC

Nikki Finke, famously reclusive and feared Deadline columnist, dies at age 68 | CBS News


Chinese tech giants' push into U.S., Europe's markets sets up potential clash with Amazon

CNBC USA Tech October 31, 2022

thumbnailTikTok owner ByteDance has launched a women's fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S. called Temu. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon.Mike... + más

FTC orders Jeff Bezos and Andy Jassy to testify in Amazon Prime probe | CBS News

Giants and Bears, both in rebuild mode, forever linked by 2021 NFL Draft day trade | New York Daily News



About iurex | Privacy Policy | Disclaimer |