Pdd Holdings Inc. ( (PDD) ) has released its Q2 earnings. Here is a breakdown of the information Pdd Holdings Inc. presented to its investors.
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PDD Holdings Inc. is a multinational commerce group focused on integrating businesses and individuals into the digital economy, thereby enhancing productivity and creating new opportunities for local communities and small businesses.
In its second quarter of 2025, PDD Holdings reported a mixed financial performance, with a 7% increase in total revenues compared to the same period last year, but a decline in operating profit and net income. The company continues to prioritize long-term growth and sustainability over short-term profitability.
The company’s total revenues for the quarter reached RMB103,984.8 million (US$14,515.7 million), driven by growth in online marketing and transaction services. However, operating profit decreased by 21% to RMB25,792.9 million (US$3,600.6 million), and net income attributable to ordinary shareholders fell by 4% to RMB30,753.5 million (US$4,293.0 million). The company attributed these declines to increased costs in fulfillment, bandwidth, and marketing expenses.
Despite the short-term financial challenges, PDD Holdings remains committed to investing in merchant support initiatives and enhancing platform efficiency. The management expressed optimism about future opportunities and reiterated their focus on long-term value creation, even as they navigate a competitive market landscape.
Looking ahead, PDD Holdings plans to continue its strategic investments in platform sustainability and merchant support, aiming to strengthen its ecosystem and drive long-term growth. The company remains focused on enhancing efficiencies and creating value for its stakeholders in the evolving digital commerce sector.