PDD Holdings (PDD), also known as Pinduoduo, shares are sinking Thursday after the Chinese e-commerce giant missed third quarter estimates. The Temu parent company states it will be "disadvantaged against our competitors for some time to come" amid China's slowdown.

Market Domination's Julie Hyman and Josh Lipton review PDD's statement and analyst commentary around the Q3 figures.

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This post was written by Luke Carberry Mogan.