Temu parent tops Tesla with biggest cash pile of any public company that doesn’t pay investors

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PDD Holdings, the parent company of Chinese e-commerce giants Temu and Pinduoduo, has a cash pile that totals $38 billion, according to the FT.

https://fortune.com/2024/09/01/temu-parent-pdd-cash-holdings-tesla-dividends-share-buybacks-china/

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