livestreaming games

BRIEF: PDD profit tumbles, shares sink

Bargain e-commerce platform operator PDD Holdings (PDD.US) reported Tuesday that its first-quarter revenue rose 10% year-over-year to 95.67 billion yuan ($13.2 billion), falling short of market expectations for 101.6 billion…
Vipshop engages in e-commerce

Vipshop gets left behind in China tech stock rally

The ‘daily deal’ e-commerce company reported a third consecutive quarter of declining revenue, though the declines are moderating Key Takeaways: Vipshop’s revenue fell for a third consecutive quarter in the…
Let Sun Taoyong tell you if Weimob is a good stock to pursue

Weimob gets early Christmas ‘gift’ from WeChat

The provider of services to e-commerce merchants on WeChat is expected to benefit from the platform’s new ‘Send Gifts’ program Key Takeaways: Weimob’s share price doubled in four days last…
PDD’s momentum stymied in Southeast Asia, but low valuation makes the stock resilient

Beaten down PDD ends 2024 with Southeast Asian setbacks

The e-commerce giant’s Temu overseas arm, along with fast-fashion sensation Shein, have been ordered to suspend their operations in Vietnam Key Takeaways: After being blocked in Indonesia, PDD’s overseas Temu…