PDD

Temu owner PDD reports Q4 revenue up 12% YoY to ~$18B and net profit down 11% YoY to ~$3.56B, below ~$4B est., as it seeks to retain merchants on its platform

Temu owner PDD reports Q4 revenue up 12% YoY to ~$18B and net profit down 11% YoY to ~$3.56B, below ~$4B est., as it seeks to retain merchants on its platform

The comphad cautioned that its performance could fluctuate as it rolled out support to keep merchants from defecting to other platforms

PDD, which owns Pinduoduo and Temu, reports Q3 revenue up 9% YoY to ~$15.2B, above ~$15.1B est., and net income up 17% YoY to ~$4.1B, as it weathers US tariffs

Bloomberg :

Temu-owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, below ~$14.4B est., and says it is fulfilling US orders exclusively via local warehouses and merchants

Luz Ding / Bloomberg :

PDD-owned Pinduoduo says it plans to allocate ~$13.76B over the next three years to support its merchants, following other Chinese e-commerce companies' efforts

Tracy Qu / Wall Street Journal :

Temu-owner PDD reports Q4 revenue up 24% YoY to ~$15.3B, below est., and net income up 18% YoY to ~$3.8B, amid intensifying domestic competition and US tariffs

Luz Ding / Bloomberg :

PDD, which runs Temu and Pinduoduo, reports Q2 revenue up 86% YoY to ~$13.6B, vs. ~$14B est., net income up 144% YoY to ~$4.5B, vs. $3.8B est.; PPD drops 28%+

Bloomberg :

Data provider Syntun: total GMV during China's 618 online shopping event fell 7% YoY to $102B, in first-ever drop; Alibaba, JD, and PDD didn't release GMV data

Financial Times :

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% in the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B

Sheila Chiang / CNBC :

US-listed PDD, which runs Temu and Pinduoduo, reports Q1 revenue up 131% YoY to ~$12B and operating profit up 275% YoY to ~$3.6B, as global expansion gains pace

Sarah Zheng / Bloomberg :