News

PDD Shares Fall As Sales Slowdown Continues

The Information · Ann Gehan · last updated

PDD Holdings said its revenue grew 44% year-on-year to $14.16 billion in the September quarter, a sharp slowdown from an 86% increase the same period a year earlier. The China-founded Temu parent company cited “intensified competition and ongoing external challenges” as a reason for the slowing …

View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up