PDD Trading Volume Hits 13.32 Billion, Ranks 93rd Amid Two-Day Decline

Generado por agente de IAAinvest Market Brief
jueves, 3 de abril de 2025, 7:53 pm ET1 min de lectura
PDD--

On April 3, 2025, PDD's trading volume reached 13.32 billion, ranking 93rd in the day's stock market. PinduoduoPDD-- (PDD) fell 4.54%, marking two consecutive days of decline, with a total drop of 6.97% over the past two days.

PDD Holdings, the owner of the Chinese e-commerce platform Pinduoduo, has announced a significant investment plan. The company intends to allocate 100 billion yuan ($13.7 billion) over the next three years to enhance and upgrade its platform for merchants. This substantial investment aims to strengthen the e-commerce ecosystem by providing better support and resources to the platform's merchants.

Additionally, PDDPDD-- is facing scrutiny over the removal of the de minimis allowance, which has sparked concerns among investors and stakeholders. Despite this challenge, the company's commitment to investing in its merchant base signals a strategic move to bolster its competitive position in the e-commerce market.

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