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Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors

Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

Election Risks And Potential Tariffs Among Other Geo-Political Issues Impacting Temu s Parent PDD, Says Analyst: Leading Many To Attach Zero Or Even Negative Value - Alibaba Gr Hldgs (NYSE:BABA), PDD Holdings (NASDAQ:PDD)

The stock of PDD Holdings Inc, the parent company of Temu, is currently trading at its lowest level ever. This is despite the company's robust growth and performance in the e-commerce sector.

Chinese graduates hold off career dreams, take temporary government jobs | Hellenic Shipping News Worldwide

Chinese graduates hold off career dreams, take temporary government jobs | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

China youth unemployment: Chinese graduates hold off career dreams, take temporary government jobs

Chinese graduates hold off career dreams, take temporary government jobs

Having failed to find his dream job at a Chinese internet company upon graduation, Peter Liu settled for a role in a state library where there is so little need for his participation that he spends his time studying for a change in his career path. "It's really hard to get work at big companies," said the 24-year-old who majored in TV production at a Beijing university before moving back home in the central Henan province. Liu got the librarian job after a government-led campaign to secure temporary work for graduates, which analysts describe as a short-term solution to preserve social stability in a slowing economy with little on offer for young Chinese.

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