PDD's Trading Volume Ranks 94th as Revenue Growth Slows

On May 23, 2025, PDD's trading volume reached 845 million, ranking 94th in the day's stock market. PDD's stock price fell by 0.47%.

PDD, also known as Pinduoduo, has been facing challenges in its e-commerce market. The company's recent financial report indicates a decline in revenue growth, which has raised concerns among investors. The report shows that the company's revenue for the first quarter of 2025 was lower than expected, with a year-over-year growth rate of only 10%. This is a significant drop from the previous quarter's growth rate of 25%.

In response to the financial report, PDD's management team has announced a series of measures to improve the company's performance. These measures include cost-cutting initiatives, expansion into new markets, and enhancement of the company's technology infrastructure. The management team has also expressed confidence in the company's long-term prospects, citing the growing demand for e-commerce services in China and the company's strong brand recognition.

Despite the challenges, PDD has been actively expanding its business. The company recently launched a new platform called "Pinduoduo Global" to tap into the international market. This platform allows merchants from other countries to sell their products on PDD's platform, providing a new revenue stream for the company. Additionally, PDD has been investing in technology to improve its logistics and supply chain management, which is expected to enhance the company's operational efficiency and customer satisfaction.