China’s PDD Holdings missed market estimates for quarterly revenue on Monday, and downbeat comments from executives about China’s domestic e-commerce competition and the firm’s global outlook sent its shares down more than 28%.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
