Stocks Plunge on Tariffs

This is a China news story, published by Yahoo Finance, that relates primarily to Temu news.

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The Motley Fool

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World

Here's what PDD Holdings stock investors should know about China's retaliation tariffs

Summary

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61% Informative

PDD Holdings (NASDAQ: PDD) is the parent of Pinduoduo and Temu , which is challenging Alibaba and JD.com for e-commerce supremacy in China .

The company has put considerable effort into marketing Temu and its low-cost platform, enough so that it's made the digital advertising market more competitive and it's grabbed market share from a number of competitors.

The impact on Chinese listings was much more modest, as the iShares MSCI China ETF was down just 0.9% on Thursday .

Stock Advisor returns as of April 5 , 2025 John Mackey , former CEO of Whole Foods Market , an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jeremy Bowman has positions in Amazon and Nike . The Motley Fool has positions in and recommends Amazon and Nike . The Motley Fool recommends Alibaba Group and JD.com . The Motley Fool has a disclosure policy. China Hit With 54% "Reciprocal Tariff" Rate Following Trump Address . 3 Things Pinduoduo Stock Investors Should Know was originally published by The Motley Fool .