PDD

PDD Holdings, the Chinese e-commerce operator behind Pinduoduo and Temu, has rocked both the Chinese and U.S e-commerce sectors. And the company’s bumper earnings will give established players even more reason to sit up and take notice.…

Robert Way/iStock Editorial via Getty Images PDD (NASDAQ:PDD) shares rose nearly 12% in pre-market trading on Tuesday after second-quarter results beat estimates. Non-GAAP earnings per American depositary shares, or ADS, grew about 39%…