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PDD’s CEO Warns of Unsustainable Performance as Temu Owner’s Second-Quarter Earnings Beat
(Yicai) Aug. 26 -- PDD Holdings reported better-than-expected earnings in the second quarter of the year. However, the co-chief executive officer of the Chinese owner of discount shopping sites Temu and Pinduoduo warned about unsustainable performance.
PDD Holdings delivered a double beat on earnings and revenue, surprising positively after a history of missing estimates.
Asian equities had a strong start to the week following Jerome Powell’s dovish press conference from Jackson Hole on Friday, ...
DUBLIN and SHANGHAI, Aug. 25, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the second quarter ended ...
PDD Holdings reported Q2 2025 results, with revenue of $14.52B, up 7% Y/Y. Margin fell due to investments in merchant ...
PDD Holdings reported total revenues of RMB104.0 billion (approximately US$14.5 billion), marking a 7% increase from the previous year. This growth was primarily fueled by a 13% rise in online ...
Revenue was up 8.7% from a year ago to $14.5 billion for the parent company of Temu and Pinduoduo to beat the consensus mark by $160 million. The increase was noted to be primarily due to the increase ...
The Chinese owner of bargain-shopping app Temu reported lower quarterly profit on a single-digit growth in revenue as tariffs ...
16hon MSN
Temu’s parent company is trying to fend off competition from Alibaba — but it’s a costly fight
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.
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