PDD Holdings Inc (PDD) Downgraded to Neutral by New Street Research
New Street Research has downgraded PDD Holdings Inc (PDD) to Neutral from Buy.
PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company is headquartered in Dublin, Dublin and currently employs 23,465 full-time employees. The company went IPO on 2018-07-26. The firm is focused on bringing businesses and people into the digital economy, which benefits local communities and small businesses from improved productivity and new opportunities. The firm has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses. Its Pinduoduo platform provides buyers with a comprehensive selection of value-for-money merchandise and fun and interactive shopping experiences. The Temu, a global e-commerce platform which brings together buyers, merchants, manufacturers, and brands from around the world, offers a selection of merchandise in product categories such as apparel, electronic appliances, household goods, sports and fitness, tools and home improvement, and pet supplies.
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Last Updated: Dec 11, 2025, 11:02 PM · Source: Finnhub.io
New Street Research has downgraded PDD Holdings Inc (PDD) to Neutral from Buy.
PDD Holdings Inc (PDD) exceeds Q3 earnings expectations with EPS of $21.05.