PDD Surges 157.72% in Daily Volume to Top 500 Rank, Q2 Revenue Beat Drives Global AI and E-Commerce Expansion

On September 15, 2025, PDD Holdings (PDD) surged 1.55% with a trading volume of $1.57 billion, a 157.72% increase from the previous day. The stock’s performance followed a Q2 revenue beat of $14.5 billion, driven by growth in its core e-commerce platforms and Temu. Despite rising costs and a 21% decline in operating profit, management emphasized long-term expansion over short-term margins. Analysts highlighted PDD’s strategic focus on international markets and AI-driven logistics as key growth levers amid competitive pressures.

PDD’s Q2 results underscored its resilience in a challenging market. Online marketing services revenue rose 13%, reflecting strong user engagement and cross-border commerce momentum. However, profit compression due to higher operational expenses and supply chain costs raised questions about sustainability. The company’s adjusted EPS of $3.08 exceeded expectations, but net income fell 4% year-over-year. Investors remain cautious, balancing optimism over Temu’s global expansion against macroeconomic uncertainties and regulatory risks in key markets.

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