Syntun|2024 "618" Promotion Report: The GMV during China "618" promotion reached 742.8 billion yuan, and the livestreaming platforms became a traffic booster [Yahoo! Finance]
PDD Holdings Inc. - American Depositary Shares (PDD)
Company Research
Source: Yahoo! Finance
This year's event has eschewed the traditional pre-sales format in favor of an elongated promotional period designed to improve the consumer experience. E-commerce titans—Alibaba, JD, Pinduoduo, Douyin, and Kuaishou—have harmonized their event schedules to facilitate a more convenient and efficient shopping journey for consumers. The platforms have recalibrated their operational focus, moving from a growth-driven to a user-centric approach. This strategic realignment is evident in the comprehensive support provided to SMEs and new merchants, which includes the deployment of AI and other state-of-the-art productivity tools to bolster their business capabilities. The livestreaming platforms have become a highlight of this year's promotion, but despite its rapid development, the scale and service are still no match for traditional e-commerce. For many years, Syntun is monitoring and releasing "618" sales data as a third-party platform, in order to bring a more impartial and objecti
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PDD
News
- House Intelligence Committee Sounds Alarm On Chinese Shopping App Temu [zero hedge]zero hedge
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 15, 2024 in PDD Lawsuit – PDDAccesswire
- PDD Investors Have Opportunity to Lead PDD Holdings Inc. f/k/a Pinduoduo Inc. Securities Fraud Lawsuit Filed by The Rosen Law FirmPR Newswire
- Contact Levi & Korsinsky by October 15, 2024 Deadline to Join Class Action Against PDD Holdings Inc. f/k/a Pinduoduo Inc.(PDD)Accesswire
- PDD Holdings Inc. f/k/a Pinduoduo Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 15, 2024 to Discuss Your Rights - PDDAccesswire
PDD
Earnings
- 8/26/24 - Beat
PDD
Sec Filings
- 9/25/24 - Form 144
- PDD's page on the SEC website