According to Daiwa's estimates, Temu's global expansion potential is to reach a GMV of USD 130 billion by 2030, with Europe and Latin America as the block orders.

Temu's global expansion strategy is currently at a crucial stage, with its market potential and profit prospects remarkable. Morgan Stanley believes that the platform is expected to achieve profitability as early as 2025, with enormous growth potential for GMV, and is expected to reach $130 billion by 2030.

wallstreetcn13minutes ago

Looking At PDD Holdings's Recent Unusual Options Activity

Financial giants have made a conspicuous bearish move on PDD Holdings. Our analysis of options history for PDD Holdings (NASDAQ:PDD) revealed 27 unusual trades.Delving into the details, we found 33% o

BenzingaJun 20 10:16 ET

Tencent's 'New Game King' is launched.

Boycott Android channels.

wallstreetcnJun 19 20:06 ET

According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.

As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.

wallstreetcnJun 19 07:23 ET

3 Mega Cap Stock Bargains As Markets Hit All-Time Highs

As markets continue to reach new all-time highs, investors are constantly seeking opportunities that offer both stability and growth potential. With the S&P 500 and Nasdaq recently hitting new all-tim

BenzingaJun 18 14:51 ET

Here's How Much $1000 Invested In PDD Holdings 5 Years Ago Would Be Worth Today

PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 34.54% on an annualized basis producing an average annual return of 47.8%. Currently, PDD Holdings has a market capitaliz

BenzingaJun 17 15:30 ET