PDD | Pinduoduo: Consumer-to-manufacture revolution offers glimpse into retail’s future

A consumer-to-manufacturer (“C2M”) revolution is currently under way in China that could remake the way goods are produced and sold in the future.In traditional retail, manufacturers produce what they… The post Pinduoduo: Consumer-to-manufacture revolution offers glimpse into retail’s future appeared first on Latest Retail Technology News From Across The Globe – Charged .Charged Retail

PDD | Pinduoduo (NASDAQ:PDD) Upgraded to Strong-Buy at BidaskClub

BidaskClub upgraded shares of Pinduoduo (NASDAQ:PDD) from a buy rating to a strong-buy rating in a research note released on Friday, BidAskClub reports.PDD has been the topic of a number of other research reports.The Goldman Sachs Group upgraded Pinduoduo from a neutral rating to a buy rating and set a $123.00 target price […]Transcript Daily

PDD | BidaskClub Upgrades Pinduoduo (NASDAQ:PDD) to “Strong-Buy”

Pinduoduo (NASDAQ:PDD) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday, BidAskClub reports.Several other analysts have also recently issued reports on PDD.The Goldman Sachs Group raised shares of Pinduoduo from a “neutral” rating to a “buy” […]Daily Political

PDD | Sumitomo Mitsui DS Asset Management Company Ltd Acquires 598 Shares of Pinduoduo Inc. (NASDAQ:PDD)

Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Pinduoduo Inc.(NASDAQ:PDD) by 25.0% in the 3rd quarter, Holdings Channel reports.The fund owned 2,988 shares of the company’s stock after buying an additional 598 shares during the quarter.Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Pinduoduo were worth […]Daily Political

PDD | Alibaba’s Sales Growth Plateaus Despite China’s Covid Recovery

(Bloomberg) — Alibaba Group Holding Ltd.’s revenue grew at the slowest pace on record for the July-September quarter, underscoring how the e-commerce giant’s post-pandemic rebound is starting to plateau.Revenue for the three months ended September rose 30% to 155.1 billion yuan ($23.4 billion), meeting the 154.8 billion yuan average of estimates.Profit fell 60% to 28.8 […]