PDD Hits 89th in Trading Volume with $2.27B Surge as Shares Fall 2.62% Amid Structural Headwinds

On September 19, 2025, , , . Despite the surge in liquidity, , reflecting mixed investor sentiment amid evolving market dynamics.

Recent developments highlight structural challenges in PDD’s core business. , raising concerns about platform sustainability. Analysts noted that while the company continues to expand its logistics network, . Additionally, , .

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