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The Nexus
BUSINESSAug 24 · 12:18 UTCMARKETWATCHNora Redmond

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

Temu owner’s shares rose despite PDD Holdings reporting a 12% decline in net profits for the three months ended June 30. These reported results surpassed Wall Street consensus.

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PDD HoldingsorganizationTemuorganizationWall Streettopicnet profitstopicsharestopicestimatestopic
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