Pdd Holdings Inc. ( (PDD) ) has released its Q3 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 that operates a portfolio of businesses aimed at integrating more businesses and individuals into the digital economy, primarily within the e-commerce sector.
In its latest earnings report for the third quarter of 2025, PDD Holdings reported a 9% increase in total revenues compared to the same period in 2024, reaching RMB108,276.5 million (US$15,209.5 million). The company also saw a 17% rise in net income attributable to ordinary shareholders, totaling RMB29,328.2 million (US$4,119.7 million).
Key financial metrics from the report include an operating profit of RMB25,025.9 million (US$3,515.4 million) and a non-GAAP operating profit of RMB27,079.4 million (US$3,803.8 million). The company’s revenue growth was driven by increases in online marketing services and transaction services. However, the cost of revenues also rose by 18%, primarily due to higher fulfillment fees and server costs.
Looking forward, PDD Holdings’ management remains committed to long-term growth and social responsibility, despite the competitive landscape and external uncertainties. They plan to continue investing in merchant support initiatives and ecosystem development, which may lead to fluctuations in financial results in future quarters.