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Business

Temu owner’s shares rise as results beat estimates despite tumbling profits

MarketWatch · August 24, 2026 at 8:18 AM

Temu owner’s shares rise as results beat estimates despite tumbling profits

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

Read the full article on MarketWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.marketwatch.com — the content belongs to MarketWatch.

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