Shares of China's biggest e-commerce companies - Alibaba, JD.com and PDD Holdings - were dumped earlier this week on worries about pressure on their margins ...
Shares of China 's biggest e-commerce companies - Alibaba , JD.com and PDD Holdings - were dumped earlier this week on worries about pressure on their margins after low-price vendor PDD pledged to invest more for offering discounts. The three firms sell everything from beauty products, household items, electronics and food to hundreds of millions of people each month and are seen as barometers of Chinese consumer sentiment.
Thailand Cod Liver Oil Market 2024-2030: Competitive Landscape, Industry Size, Trends, Revenues, Forecasts Dancing with the Stars professional Artem Chigvintsev has been arrested on a domestic violence charge. On Thursday, an official from the Napa County Sheriff's Office in Napa, California confirmed to editors at TMZ that the dancer had been arrested in Yountville following a report of domestic violence. Chigvintsev, 42, was booked on a charge of felony domestic violence and bond was set at $25,000 . He was released on Thursday afternoon but has not been formally charged.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PDD’s Warning Highlights Growing Strain on China Consumer Firms(Bloomberg) -- The prospects for Chinese consumer firms are looking increasingly bleak after PDD Holdings Inc. cautioned that its revenue growth will slow as...
Read more »
PDD Holdings stock plummets on Q2 revenue missPDD Holdings (PDD), also known as Pinduoduo, the parent company of e-commerce platform Temu, is seeing its shares decline in Monday's pre-market trading...
Read more »
Temu Owner PDD Plunges 29% on Warning of Slowing Sales(Bloomberg) -- PDD Holdings Inc.’s shares fell the most on record after Temu’s owner warned that revenue growth will inevitably dwindle, highlighting the...
Read more »
Meituan Shares Jump 10% After Results Defy China Consumer Slump(Bloomberg) -- Meituan’s stock gained its most in about six months after China’s meal delivery leader beat quarterly results estimates and unveiled a $1...
Read more »
JD.com Drags China Tech Shares Lower on Walmart’s Planned Exit(Bloomberg) -- Chinese tech stocks slumped early Wednesday after a string of negative news related to the country’s consumption space hit peers trading in...
Read more »
Japan's Shiseido becomes latest luxury brand hit by China slump, shares plungeJapanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs...
Read more »