Pinduoduo

2025.07.18

04:08

U.S. stocks closed: Nasdaq rose 0.74%, Nasdaq China Golden Dragon Index closed up 1.23%

At the close of the U.S. stock market, the three major indexes closed up collectively, with the Nasdaq up 0.74% and the S&P 500 up 0.54%, both hitting new closing highs; the Dow Jones Industrial Average rose 0.5%. Most large technology stocks rose, with Microsoft and Nvidia up about 1%. Most popular Chinese stocks rose, with the Nasdaq China Golden Dragon Index closing up 1.23%. JD.com rose more than 3%, Pinduoduo rose more than 2%, and Xpeng Motors, Baidu, Bilibili, and Alibaba rose more than 1%.

2025.07.16

04:08

The three major U.S. stock indexes closed mixed, with the Nasdaq China Golden Dragon Index closing up 2.77%

The three major U.S. stock indexes closed mixed, with the Nasdaq up 0.18%, the Dow down 0.98%, and the S&P 500 down 0.4%. Chip stocks rose, with Nvidia up more than 4%, TSMC up more than 3%, and the Philadelphia Semiconductor Index up 1.27%. Most bank stocks fell, with BlackRock and Wells Fargo down more than 5%, but Citigroup's stock price rose 3.7%, closing at its highest level since 2008. Most popular Chinese stocks rose, with the Nasdaq China Golden Dragon Index closing up 2.77%. Baidu and Alibaba rose more than 8%, Bilibili rose more than 7%, JD.com rose more than 4%, and Pinduoduo and NetEase rose more than 2%.

2025.07.14

19:50

Cooperation with Hong Kong SF Express terminated? Pinduoduo responded: You can switch to other pick-up points, and it will not affect free shipping in Hong Kong

It is reported that the cooperation between Pinduoduo and SF Express Hong Kong has been terminated. SF Express Hong Kong responded that the cooperation between the two parties expired on June 30, and SF Express Hong Kong stopped providing local logistics services for Pinduoduo. Pinduoduo customer service confirmed the news. Pinduoduo customer service stated that due to the suspension of SF Express Hong Kong's consolidated transportation, some self-pickup points are temporarily unavailable for selection. Other nearby self-pickup point addresses can be switched, and the packages will be delivered safely as usual. For the ongoing SF Express Hong Kong consolidated transportation orders, they have been automatically transferred to other express delivery companies for relay delivery. The time limit remains unchanged and will not affect Pinduoduo's free shipping in Hong Kong. The system will issue a 5 yuan no-threshold coupon as compensation, and the affected packages will be credited within 5 working days after leaving the warehouse.

2025.07.04

08:22

TF Securities: Optimistic about the overall valuation reassessment of Hong Kong-listed Chinese stocks under the aggressive + evolutionary

Tianfeng Securities Research Report stated that it is optimistic about the overall valuation revaluation of Chinese concept stocks in Hong Kong stocks under the trend of progress and evolution. 1. Tianfeng Securities believes that the valuation of Chinese concept Internet companies is relatively attractive globally, and the valuation advantages of the Hang Seng Index and the Hang Seng Technology Index are significant. 2. Tianfeng Securities believes that unlike previous Internet companies that paid more attention to the level of shareholder returns, Chinese concept Internet companies will return to progress and evolution in 2025. 3. Tianfeng Securities believes that the layout of AI business will not only boost the overall valuation level of Chinese concept Internet companies, but also help Internet companies increase efficiency. Recommended to watch: Tencent Holdings, Alibaba, Xiaomi, JD.com, Kuaishou, Pinduoduo, Meituan, Bilibili.

2025.06.27

20:06

Results of special sampling inspection on the use of food additives released: abuse issues remain prominent

According to the State Administration for Market Regulation, the State Administration for Market Regulation recently organized a special sampling inspection on the use of food additives, covering supermarkets, wholesale markets, restaurants and other places in 31 provinces (autonomous regions, municipalities directly under the central government) across the country, as well as 9 online sales platforms such as Pinduoduo, Douyin, and Taobao, focusing on sampling 21 major food categories such as cakes, canned food, and grain processed products, totaling 780 batches. The sampling results show that: 1. No unqualified samples were detected in 7 major food categories, including meat products, aquatic products, beverages, roasted food and nut products, dairy products, candy products, and edible oils, fats and their products; 2. Food additives were detected in different degrees of illegal use in sugar, starch and starch products, tea and its products, fruit products, alcohol, and soy products; in addition, the abuse of food additives in condiments, edible agricultural products, and vegetable products is still prominent, and the main unqualified items are bleaching agent sulfur dioxide, sweetener sodium cyclamate, and preservative dehydroacetic acid. Among them: 1. 21 batches of bulk angelica, galangal, star anise and other spices were found to have unqualified bleaching agent sulfur dioxide; 2. 20 batches of edible agricultural products were found to have unqualified, mainly peeled pineapples were found to have unqualified sweeteners, and mulberries were found to have unqualified sweeteners and preservatives. For the unqualified samples found, the State Administration for Market Regulation has urged the local market supervision departments to conduct verification and disposal, strictly control food safety risks, and consolidate the main responsibility for food safety. In the second half of the year, the State Administration for Market Regulation will continue to increase the intensity of daily inspections and supervision sampling of food additives, and severely investigate and punish illegal and irregular behaviors in accordance with the law.

2025.06.18

17:47

Feitian Moutai's e-commerce promotion price fell below 1,850 yuan

During the "618" period this year, the lowest price of Feitian Moutai fell below the 2,000 yuan mark. Among them, the price of Feitian Moutai on the Pinduoduo platform was 1,840 yuan.

2025.06.16

16:03

Some popular Chinese stocks in the US stock market rose before the market opened

16:03

2025.06.12

09:49

The Shanghai Municipal Cyberspace Administration Office has instructed Xiaohongshu, Bilibili and other platforms to clean up illegal AI product marketing information

In order to implement the work deployment of the Central Cyberspace Affairs Office of "Clear and Clear, Rectify the Abuse of AI Technology", since late April, the Shanghai Municipal Cyberspace Affairs Office has focused on 6 types of outstanding issues and carried out the first phase of special actions. Now the interim work results are announced to the public to further build consensus and jointly create a clear network ecology. The Shanghai Municipal Cyberspace Affairs Office guided 15 key website platforms such as Xiaohongshu, Bilibili, and Pinduoduo to focus on cleaning up illegal AI products, commodities and related marketing, hype, promotion, and tutorial information such as "one-click undressing", unauthorized face or voice cloning editing, and unregistered. Xiaohongshu and Bilibili took the initiative to issue special action governance announcements and opened channels for reporting and handling harmful AI content; Xingye carried out a comprehensive investigation and cleanup of intelligent bodies. The key websites and AI platforms intercepted and cleaned up more than 820,000 related illegal and illegal information, handled more than 1,400 illegal accounts, and took down more than 2,700 illegal intelligent bodies. After rectification, the illegal AI information on the Internet has been significantly reduced. The Shanghai Municipal Cyberspace Administration deepened the role of the Big Model Compliance Guidance Service Center, guided all types of entities providing generative artificial intelligence services to fulfill their compliance obligations, and strengthened security assessments. So far, 82 big models have been registered and 87 applications have been registered. Three applications that failed to comply with the filing or registration procedures and provided services and posed risks were summoned and given administrative penalties in accordance with the law. The Shanghai Municipal Cyberspace Administration guided key AI platforms to strengthen technology source governance, deepen self-examination and self-correction, strengthen training corpus management mechanisms, strengthen the security management of new versions and new applications, and API access applications, make good use of big model capabilities to continuously improve security levels, and establish and improve risk control mechanisms that are compatible with the scale of business.

2025.05.29

16:03

Most of the popular Chinese stocks rose before the market opened, with JD.com rising more than 6%

2025.05.27

20:15

Pinduoduo's Zhao Jiazhen: The 100 billion plan is the key strategy for the next period of time, and the company is fully committed to it.

In the earnings call tonight, Pinduoduo Group Executive Director and Co-CEO Zhao Jiazhen said when talking about the "100 billion support" plan, the 100 billion plan will further increase the resource investment in new quality supply, and the scope of support for new quality merchants will also be expanded from the top and waist to small and medium-sized merchants. On the one hand, the platform will continue to explore more commission reduction measures, continue to reduce costs and burdens for merchants, and create more cost space, operating space and innovation space; on the other hand, the platform's traffic engine, black label stores and other resources will also be tilted towards small and medium-sized merchants in all directions, maximizing the potential of small and medium-sized merchants and promoting the overall upgrade of the industrial belt to a larger scale and higher quality. Zhao Jiazhen also said that the 100 billion plan is Pinduoduo's key strategy for some time to come, requiring the company to make every effort and fully invest in this new strategy, focusing on small and medium-sized merchants, and daring to tackle the hard bones of high-quality development.

20:12

Pinduoduo's pre-market decline in US stocks widened to 20%

Pinduoduo's US stock pre-market decline widened to 20%. The first quarter results announced earlier were lower than expected.

20:12

Pinduoduo (PDD.O)'s pre-market decline in U.S. stocks widened to 20%.

19:41

Pinduoduo (PDD.O) executives: Changes in the external policy environment, such as tariffs, have brought tremendous pressure to merchants.

18:44

Pinduoduo (PDD.O)'s pre-market losses widened to nearly 16%.

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