PDD Holdings Stock Gains 1% Ahead of Quarterly Results

Tiger Newspress08-26

Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.

PDD Holdings shares rose 1.1% in premarket trading.

Analysts expect PDD's earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.

PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July that Temu would reach $53 billion in global gross merchandise value, up from $19 billion in 2023.

One number to watch is PDD's sales and marketing expenses. PDD spent billions last year on advertising to help power Temu's growth. Analysts are projecting that sales and marketing expenses for PDD grew 62.5% year-over-year to $3.9 billion in the second quarter. Spending on the category increased 44% to $3.2 billion in the first quarter.

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Sr1000
08-26
Sr1000
Didn't age well

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Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.PDD Holdings shares rose 1.1% in premarket trading.Analysts expect PDD's earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July tha","content":"<html><head></head><body><p>Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.</p><p>PDD Holdings shares rose 1.1% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b6f1fd1ac09cd283a6c2d7e701028e5\" tg-width=\"875\" tg-height=\"623\"/></p><p>Analysts expect PDD&#39;s earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.</p><p>PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July that Temu would reach $53 billion in global gross merchandise value, up from $19 billion in 2023.</p><p style=\"text-align: start;\">One number to watch is PDD&#39;s sales and marketing expenses. PDD spent billions last year on advertising to help power Temu&#39;s growth. Analysts are projecting that sales and marketing expenses for PDD grew 62.5% year-over-year to $3.9 billion in the second quarter. Spending on the category increased 44% to $3.2 billion in the first quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PDD Holdings Stock Gains 1% Ahead of Quarterly Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPDD Holdings Stock Gains 1% Ahead of Quarterly Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-08-26 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.</p><p>PDD Holdings shares rose 1.1% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b6f1fd1ac09cd283a6c2d7e701028e5\" tg-width=\"875\" tg-height=\"623\"/></p><p>Analysts expect PDD&#39;s earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.</p><p>PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July that Temu would reach $53 billion in global gross merchandise value, up from $19 billion in 2023.</p><p style=\"text-align: start;\">One number to watch is PDD&#39;s sales and marketing expenses. PDD spent billions last year on advertising to help power Temu&#39;s growth. Analysts are projecting that sales and marketing expenses for PDD grew 62.5% year-over-year to $3.9 billion in the second quarter. Spending on the category increased 44% to $3.2 billion in the first quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194806451","content_text":"Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.PDD Holdings shares rose 1.1% in premarket trading.Analysts expect PDD's earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July that Temu would reach $53 billion in global gross merchandise value, up from $19 billion in 2023.One number to watch is PDD's sales and marketing expenses. PDD spent billions last year on advertising to help power Temu's growth. Analysts are projecting that sales and marketing expenses for PDD grew 62.5% year-over-year to $3.9 billion in the second quarter. 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