Increased spending on supply chains and merchant support also weighed on its 2025 results.
Written by T. K. Lin
Published on
26 Mar 2026
3 mins read
PDD Holdings ended 2025 with revenue still growing, but profitability under pressure as it increased spending on merchants and supply chains.
PDD reported revenue of US$14.53 billion during the second quarter ended June, up 7 per cent from a year earlier.
Temu parent PDD reports mixed Q1 2026 results: Revenue rises 11% to $15.4B, while adjusted net income falls 17% amid fierce…
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Net income dropped 12% year over year to $4 billion, but analysts had expected a steeper decline
PDD competes with Alibaba’s Taobao and Tmall, JD.com and ByteDance-owned Douyin. Read more at straitstimes.com. Read more at…
