VCREDIT 2024 Interim Results

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, announced its unaudited interim results for the 6 months ended 30 June 2024 (the "Period").In the first half of 2024, faced…

PDD Stock Drops as Consumer Spending Slows

Revenue Misses Market Estimates PDD Holdings (NASDAQ:PDD) reported quarterly revenue on Monday, falling short of market expectations. The company's e-commerce platform, Pinduoduo, struggled due to decreased consumer spending, leading to a significant decline in PDD stock during early trading. This downturn in consumer spending has been exacerbated by a weak…