Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth - ByteDance's Douyin emerges as fast-rising rival to e-commerce giants Alibaba, JD and PDD - PDD just gave markets the latest warning on China's consumer. Where investors are looking instead - PDD-owned Temu's first-half sales surge to US$20 billion, exceeding 2023 total: report - Temu parent PDD tops Alibaba's market cap again on big earnings - Temu parent PDD's market cap closes in on Alibaba after revenue doubles