This is funny$Alibaba(BABA)$ $

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This is funny$Alibaba(BABA)$ $Alibaba(09988)$ $PDD Holdings Inc(PDD)$

If PDD revenue miss expectations it means Alibaba management is doing a great job fending off competition and their strategy is effective.

Alibaba should trend further up from here

PDD Holdings Drags Down Chinese E-Commerce Stocks

PDD Holdings dragged down Chinese e-commerce stocks in morning trading. PDD Holdings plunged 25%, Alibaba and JD.com sank nearly 5%.PDD Holdings, the Chinese owner of online retailer Temu, plunged after it reported quarterly revenue that missed analysts’ expectations.PDD also said profitability could be hurt in the short term by investments in the business.Temu has grown quickly to become a challenger to Amazon and Chinese rivals Alibaba and JD.com. The question now is whether it can continue to

PDD Holdings Drags Down Chinese E-Commerce Stocks

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VinCny82
·08-26
But it doesn’t seem like it from the share price I seriously don’t understand.🤣
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Alibaba should trend further up from here","highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/342732448968712","repostId":1144363501,"repostType":2,"repost":{"id":"1144363501","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1724679403,"share":"https://www.laohu8.com/m/news/1144363501?lang=&edition=full","pubTime":"2024-08-26 21:36","market":"us","language":"en","title":"PDD Holdings Drags Down Chinese E-Commerce Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1144363501","media":"Tiger Newspress","summary":"PDD Holdings dragged down Chinese e-commerce stocks in morning trading. PDD Holdings plunged 25%, Alibaba and JD.com sank nearly 5%.PDD Holdings, the Chinese owner of online retailer Temu, plunged after it reported quarterly revenue that missed analysts’ expectations.PDD also said profitability could be hurt in the short term by investments in the business.Temu has grown quickly to become a challenger to Amazon and Chinese rivals Alibaba and JD.com. The question now is whether it can continue to","content":"<html><head></head><body><p>PDD Holdings dragged down Chinese e-commerce stocks in morning trading. PDD Holdings plunged 25%, Alibaba and JD.com sank nearly 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3678be270df9e0a3c1b2b34abad71aa\" tg-width=\"372\" tg-height=\"205\"/></p><p>PDD Holdings, the Chinese owner of online retailer Temu, plunged after it reported quarterly revenue that missed analysts’ expectations.<br/><br/>PDD also said profitability could be hurt in the short term by investments in the business. </p><p>Temu has grown quickly to become a challenger to Amazon and Chinese rivals Alibaba and JD.com. The question now is whether it can continue to outperform others at a larger scale.</p><p>“While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,” said Lei Chen, co-CEO of PDD Holdings. “We will invest heavily in the platform’s trust and safety, support high-quality merchants, and relentlessly improve the merchant ecosystem. We are prepared to accept short-term sacrifices and potential decline in profitability.” </p><p>PDD said total revenue for the quarter ended in June came in at $13.4 billion. Analysts had expected it to be just above $14 billion, according to FactSet estimates.</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 Drags Down Chinese E-Commerce Stocks</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 Drags Down Chinese E-Commerce Stocks\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 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>PDD Holdings dragged down Chinese e-commerce stocks in morning trading. PDD Holdings plunged 25%, Alibaba and JD.com sank nearly 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3678be270df9e0a3c1b2b34abad71aa\" tg-width=\"372\" tg-height=\"205\"/></p><p>PDD Holdings, the Chinese owner of online retailer Temu, plunged after it reported quarterly revenue that missed analysts’ expectations.<br/><br/>PDD also said profitability could be hurt in the short term by investments in the business. </p><p>Temu has grown quickly to become a challenger to Amazon and Chinese rivals Alibaba and JD.com. The question now is whether it can continue to outperform others at a larger scale.</p><p>“While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,” said Lei Chen, co-CEO of PDD Holdings. “We will invest heavily in the platform’s trust and safety, support high-quality merchants, and relentlessly improve the merchant ecosystem. We are prepared to accept short-term sacrifices and potential decline in profitability.” </p><p>PDD said total revenue for the quarter ended in June came in at $13.4 billion. Analysts had expected it to be just above $14 billion, according to FactSet estimates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","JD":"京东","PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144363501","content_text":"PDD Holdings dragged down Chinese e-commerce stocks in morning trading. PDD Holdings plunged 25%, Alibaba and JD.com sank nearly 5%.PDD Holdings, the Chinese owner of online retailer Temu, plunged after it reported quarterly revenue that missed analysts’ expectations.PDD also said profitability could be hurt in the short term by investments in the business. Temu has grown quickly to become a challenger to Amazon and Chinese rivals Alibaba and JD.com. The question now is whether it can continue to outperform others at a larger scale.“While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,” said Lei Chen, co-CEO of PDD Holdings. “We will invest heavily in the platform’s trust and safety, support high-quality merchants, and relentlessly improve the merchant ecosystem. We are prepared to accept short-term sacrifices and potential decline in profitability.” PDD said total revenue for the quarter ended in June came in at $13.4 billion. 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