Temu parent PDD’s stock soars as improving consumer sentiment fuels profit beat

By / / Finance / 1 minute of reading



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PDD’s stock powered higher Wednesday, after the China-based e-commerce company and parent of fast-fashion platform Temu reported fourth-quarter earnings that rose well above expectations, citing signs of improving consumer spending.



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Carole Jacobs is a freelance writer and editor based in Phoenix, Arizona. She writes lifestyle, books, sports, education, and tech articles for a variety of publications and websites. Her hobbies include hiking, reading, and watching cat videos on YouTube.

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