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On July 11, 2025, PDD's trading volume reached 4.81 billion, marking a 32.81% increase from the previous day. This surge placed
at the 170th position in the daily stock market rankings. However, PDD's stock price has been on a downward trend, falling 0.06% and marking its third consecutive day of decline, with a total decrease of 1.32% over the past three days.PDD's recent performance has been influenced by broader market concerns. The overnight slump in New York has affected e-commerce stocks, with investors expressing worries about price discounting eroding margins. This sentiment has contributed to the recent decline in PDD's stock price, reflecting the market's cautious outlook on the company's future prospects.

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