$PDD Holdings Inc(PDD)$ PDD Holdings Inc. (Nasdaq: PDD) is the parent company of Pinduoduo in China and Temu, its fast-growing global e-commerce platform. Headquartered in Dublin, it went public in 2018.
In Q2 2025, revenue rose 7% YoY to 103.98B yuan (~$14.5B), beating forecasts, while net profit slipped due to higher logistics and marketing costs. Still, earnings per ADS far exceeded estimates, boosting shares nearly 12% premarket.
PDD continues expanding Temu across 90+ markets, investing heavily in logistics and AI-driven personalization. While margins are under pressure and regulatory scrutiny remains, its scale and aggressive pricing make it a powerful global e-commerce contender.
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