GraceTrend on October 29 | pdd holdings (PDD.US) rose 2.11% in pre-market trading, to $128.44. On the news front, pdd holdings officially launched the second round of the "super double subsidy" activity for billions of subsidies yesterday, focusing on popular single products in categories such as mobile phones, electronics, home appliances, beauty, and skincare. As of October 18, the first round of "super double subsidy" activity ended with surprising results, with a total order volume of 16.4 million. Participating businesses and brands in the first round of activities saw sales grow more than 15 times compared to the "double subsidy" activity in the week before the big promotion. (GraceTrend)
美股异动｜拼多多盘前涨超2% 百亿补贴首轮订单量达1640万单
U.S. stock market anomaly | pdd holdings rises more than 2% pre-market, the first round of 10 billion subsidies reaches an order volume of 16.4 million.
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