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Taobao is going to compete with pdd holdings for young people.
Turn.
Express News | Alibaba: On December 5, spent approximately 59.986 million dollars to repurchase 5.692 million shares.
Futu Morning Report | Non-farm data is arriving tonight! Goldman Sachs: This could determine whether there will be another rate cut in December; another major bank is optimistic! Wells Fargo raises its outlook for the S&P to 7007 points.
After hours, it surged over 8%! Lululemon's Q3 performance exceeded expectations; after accurately predicting that bitcoin would reach $100,000 this year, Standard Chartered's analyst is bullish again: predicting it will reach the significant milestone of $200,000 by the end of next year; OPEC+ has continued its three sets of production cut measures, extending the additional voluntary reduction of 2.2 million barrels per day for three months.
PDD Holdings Unusual Options Activity For December 05
From the retail stocks' financial reports, how is consumer behavior in the usa?
Consumers in the usa are becoming more savvy and selective in their purchasing decisions.
Temu's business in Vietnam has been suspended! pdd holdings faces challenges in maintaining a "low profile" in its overseas business.
① The cross-border e-commerce platform Temu, under pdd holdings, has been suspended in Vietnam and is in communication with the Vietnamese government to seek a solution. Temu operates based on the domestic supply chain system, using a white-label overseas model, facing complex global market demands and regulatory challenges. ② Temu has rapidly grown in the North American market, reaching 91% of amazon's user scale, and its sales have increased against the trend; however, it will also face more intense price competition and service cost competition.