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    Home » Temu Owner PDD Posts Revenue Miss, Warns of Slowing Sales

    Temu Owner PDD Posts Revenue Miss, Warns of Slowing Sales

    webmasterBy webmasterAugust 26, 2024 News 1 Min Read
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    PDD Holdings Inc.’s shares fell the most on record after it warned that "a downward trend in profitability is inevitable." The Chinese e-commerce business, which owns Temu, also posted quarterly revenue numbers that missed analysts’ estimates. Annabelle Droulers reports on Bloomberg Television.
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