PDD Holdings Q4 Revenue Surpasses Expectations, Posts Surprise Profit Drop

Wednesday, Mar 25, 2026 7:47 am ET1min read
PDD--

PDD Holdings, owner of Temu, reported a surprise profit drop in Q4 with revenue at CNY123.91B, up from CNY110.61B, and net income at CNY24.54B, down from CNY27.45B. The company plans to increase supply-chain investment in Belgium and focus on high-quality development in 2025.

PDD Holdings Q4 Revenue Surpasses Expectations, Posts Surprise Profit Drop

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