On December 12, Gelonghui reported that PDD Holdings (PDD.US) pre-market increased by 2%, trading at $105.49. According to news, PDD Holdings' Double 12 promotion 'Super Double Supplement' officially launched on December 8, focusing on popular commodities across several categories such as cosmetics, personal care, maternal and infant products, food, and home appliances. Based on platform subsidies, a special 2,600 yuan consumer voucher section will also provide an additional 15% discount on certain home appliance products, layered with national subsidy benefits. Additionally, Citibank maintains a 'Hold' rating on PDD Holdings with a target price of $125 unchanged. (Gelonghui)
美股异动|拼多多盘前涨2% 近日启动双12大促“超级加倍补”活动
US stocks update | PDD Holdings rose 2% in pre-market trading and recently launched the "Super Double Supplement" for the Double 12 promotion.
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