
Teetering on the Edge: PDD's Revenue Misses Expectations Amid Slowed Expansion
10 days ago
In a recent release, PDD Holdings, the parent company of popular online platform Temu, reported disappointing revenue figures that failed to meet analysts' expectations. This comes as a significant blow considering the rapid growth the company experienced during the pandemic. With revenues falling short, questions arise regarding the sustainability of Temu’s aggressive expansion strategies.
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