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Monday, 19 October 2026

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Temu owner’s shares rise as results beat estimates despite tumbling profits

Trade News UK sterling-and-streets note (2026-08-24): Temu owner’s shares rise as results beat estimates despite tumbling profits PDD Holdings reported a 12% decline in net profits in the three months ended June… Primary source: original at MarketWatch (marketwatch.com).

Temu owner’s shares rise as results beat estimates despite tumbling profits

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

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