PDD's Trading Volume Surges 466.34% to Rank 11th Amid Stock Price Decline

On May 27, 2025, PDD's trading volume reached 5.104 billion, marking a significant increase of 466.34% compared to the previous day, ranking 11th in the day's stock market trading volume. PDD's stock price fell by 13.64%, marking the second consecutive day of decline, with a total decrease of 14.04% over the past two days.

PDD's stock price decline is attributed to the company's recent announcement of a significant reduction in its marketing budget. This decision, aimed at improving profitability, has raised concerns among investors about the potential impact on user acquisition and retention. The company's management has assured that the reduction will not affect its core business operations and that it remains committed to its long-term growth strategy.

Additionally, PDD's stock price has been influenced by the recent regulatory changes in China's e-commerce sector. The new regulations, which aim to promote fair competition and protect consumer rights, have led to increased scrutiny and compliance costs for e-commerce platforms. PDD, being one of the leading players in the sector, has had to allocate additional resources to ensure compliance, which has further impacted its stock price.

Despite the recent challenges, PDD's management remains optimistic about the company's future prospects. They have highlighted the company's strong financial performance in the first quarter of 2025, with revenue and profit both exceeding market expectations. The company's focus on innovation and expansion into new markets is expected to drive growth in the coming quarters.