Trade uncertainty and weak sentiment hit Temu-owner PDD’s Q1 results
PDD Holdings missed Q1 revenue estimates as Chinese e-commerce site Pinduoduo, known for ultra-low prices, was hit by weak domestic sentiment, while Temu faced global trade policy uncertainties.
PDD Holdings missed Q1 revenue estimates as Chinese e-commerce site Pinduoduo, known for ultra-low prices, was hit by weak domestic sentiment, while Temu faced global trade policy uncertainties.
