{"id":999466,"date":"2026-03-26T09:04:51","date_gmt":"2026-03-26T03:34:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=999466"},"modified":"2026-03-26T10:03:27","modified_gmt":"2026-03-26T04:33:27","slug":"temu-owner-pdd-misses-quarterly-revenue-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/26\/temu-owner-pdd-misses-quarterly-revenue-estimates\/","title":{"rendered":"Temu-owner PDD misses quarterly revenue estimates"},"content":{"rendered":"<p>Discount ecommerce company PDD Holdings missed market estimates for quarterly revenue on Wednesday, as subdued consumer spending weighed \u200con \u2060its Chinese \u2060platform, Pinduoduo, overshadowing robust growth at its overseas marketplace Temu.<\/p>\n<p>Shares of the company fell 2% in premarket trading.<\/p>\n<p>The shortfall underscores the extent to which China&#8217;s faltering \u2060recovery and \u200cfragile household confidence are beginning to erode activity even \u2060on discount-focused platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discount ecommerce company PDD Holdings missed market estimates for quarterly revenue on Wednesday, as subdued consumer spending weighed \u200con \u2060its Chinese \u2060platform, Pinduoduo, overshadowing robust growth at its overseas marketplace Temu. Shares of the company fell 2% in premarket trading. The shortfall underscores the extent to which China&#8217;s faltering \u2060recovery and \u200cfragile household confidence are beginning to erode activity even \u2060on discount-focused platforms.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-999466","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/999466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=999466"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/999466\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=999466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=999466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=999466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}