PDD’ Opacity Caused Its Stock to Fall

3 months ago
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08/28/2024 Reuters: Despite the impressive quarterly results released recently, the information opacity is now costing the Chinese E-commerce group PDD. Its New York stock plunged nearly 29% in a day, erasing $55 billion of market capitalization. PDD stopped reporting monthly active users, and there is virtually no financial information about Temu, which is the popular shopping app that it owns.
#PDD #Temu #financialblackbox #opacity #informationdisclosure
08/28/2024 路透社:尽管最近发布的季度业绩令人印象深刻,但信息不透明正让中国电商集团拼多多付出代价。其美股股价在一天内重挫近29%,市值缩水550亿美元。拼多多已停止报告月活跃用户数,而且关于其拥有的热门购物应用Temu,也没有任何财务信息。
#拼多多 #财务黑匣子 #不透明 #信息披露

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