Pinduoduo's net income has more than tripled in Q2 2022 and its shares have soared 43% over the past month, as it emerges as a big winner amid China's lockdowns (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg: Pinduoduo's net income has more than tripled in Q2 2022 and its shares have soared 43% over the past month, as it emerges as a big winner amid China's lockdowns  —  As Chinese consumers curb their spending in a pandemic-stricken economy, one discount e-commerce firm is emerging as a clear stock-market winner.

Sep 10, 2022 - 12:09
182152
Pinduoduo's net income has more than tripled in Q2 2022 and its shares have soared 43% over the past month, as it emerges as a big winner amid China's lockdowns (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Pinduoduo's net income has more than tripled in Q2 2022 and its shares have soared 43% over the past month, as it emerges as a big winner amid China's lockdowns  —  As Chinese consumers curb their spending in a pandemic-stricken economy, one discount e-commerce firm is emerging as a clear stock-market winner.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.