PDD Stock Plummets: Profit Warning Highlights China Market Struggles

GuruFocus.com11-21 23:51

After publishing a sobering warning about its future profitability, citing rising competition in its home market of China, PDD Holdings Inc. (NASDAQ:PDD) saw its shares plummet as much as 10% in early...

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(NASDAQ:PDD) saw its shares plummet as much as 10% in early...</p>\n\n<a href=\"https://finance.yahoo.com/news/pdd-stock-plummets-profit-warning-155156197.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823426480.USD","symbol_name":"法巴中国股票经典Dis","start_time":0,"source_url":"https://finance.yahoo.com/news/pdd-stock-plummets-profit-warning-155156197.html","article_id":"2485411257","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5N4hZIxbxIXIEhtDcqlSyw--~B/aD0xMTgyO3c9MTc3MzthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/us.finance.gurufocus/f2fca6333ae115beaeb0d9d80fa7d77e"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485411257","pubTimestamp":1732204316,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"After publishing a sobering warning about its future profitability, citing rising competition in its home market of China, PDD Holdings Inc.  saw its shares plummet as much as 10% in early trading. 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He also said that the crew of the organization lacks some essential skills required to compete successfully and is constrained by prior experience.GuruFocus has detected 1 Warning Sign with PDD.This caution comes after PDD's August warning, which said that sales and earnings increases will slow","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0823426480.USD":"法巴中国股票经典Dis","BK4122":"互联网与直销零售","09988":"阿里巴巴-W","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4505":"高瓴资本持仓","LU0359201612.USD":"贝莱德中国基金A2","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0823039010.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0455707207.USD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (USD) INC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","BK4554":"元宇宙及AR概念","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BK4531":"中概回港概念","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","BABA":"阿里巴巴","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4220":"综合零售","BK4535":"淡马锡持仓","LU0329678170.USD":"FIDELITY EMERGING ASIA \"A\" (USD) INC","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0329678337.USD":"FIDELITY EMERGING ASIA \"A\" (USD)","BK4527":"明星科技股","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4501":"段永平概念","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","PDD":"拼多多","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","BK4526":"热门中概股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4503":"景林资产持仓"},"translate_title":"拼多多股价暴跌：盈利预警凸显中国市场困境","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1,"PDD":1,"09988":0.6},"content_text":"After publishing a sobering warning about its future profitability, citing rising competition in its home market of China, PDD Holdings Inc. (NASDAQ:PDD) saw its shares plummet as much as 10% in early trading. The firm, which is up against rivals like Alibaba Group (NYSE:BABA), said that a lack of knowledge among its staff makes it difficult to stay up with competitors.\nPDD's most recent financial report disappointed analysts in terms of both sales and profitability, which raised questions about how China's economic downturn will affect its company. \"We will see greater financial impact as we will be disadvantaged against our competitors for some time to come,\" co-CEO Zhao Jiazhen said on a Thursday call with analysts. He also said that the crew of the organization lacks some essential skills required to compete successfully and is constrained by prior experience.\n\nWarning! GuruFocus has detected 1 Warning Sign with PDD.\n\nThis caution comes after PDD's August warning, which said that sales and earnings increases will slow down in the next quarters. Given China's economic woes, PDD's challenges highlight the challenges many of the nation's digital behemoths must contend with in the present environment.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485411257"}