Temu-Owner PDD's Shares Dive After Warning of Worsening Profit [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll PDD, which competes with Alibaba Group Holding Ltd., said its team was struggling to catch up with unspecified rivals because of a lack of expertise. Executives also reiterated the company's guidance from August that sales and profit growth will slow going forward. Its stock slid as much as 10% in early US trading. That downbeat outlook emerged after PDD reported quarterly sales and profit that missed estimates, lending weight to fears that China's slowdown is hurting its biggest tech companies more than anticipated. The disappointing results highlight how PDD, despite a thriving overseas business anchored by hot shopping app Temu, is grappling with anemic
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BABA
Earnings
- 11/15/24 - Beat
BABA
Sec Filings
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/20/24 - Form 6-K
- BABA's page on the SEC website