PDD Holdings Inc Surges to 122nd in Daily Rankings with 8.20 Billion Turnover

On July 17, 2025, PDD Holdings Inc. (PDD) saw a significant surge in trading volume, with a total turnover of 8.20 billion, marking an 82.23% increase from the previous day. This substantial rise in trading volume placed PDD at the 122nd position in the daily stock market rankings. The stock price of PDD also experienced a notable increase, rising by 2.68% and marking its third consecutive day of gains, with a cumulative increase of 5.41% over the past three days.

PDD Holdings Inc. is currently facing intensified competition in the Chinese e-commerce sector, particularly from first-party online retailers. This competitive landscape poses challenges for the company as it navigates the market dynamics.

PDD launched its overseas marketplace platform, Temu, in North America in September 2022. According to management, the platform has since expanded into more than 70 regions, showcasing the company's global ambitions and strategic growth initiatives.