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Alibaba Rival PDD s Explosive Growth Continues, Revenue More Than Doubles

PDD Holdings Inc (NASDAQ:PDD) reported fiscal first-quarter 2024 revenue growth of 131% year-on-year to $12.02 billion (86.81 billion Chinese yuan), beating the analyst consensus estimate of $10.65 billion. The Chinese online retailer’s adjusted earnings per ADS of $2.83 (CNY20.72) increased from CNY6.92 Y/Y, beating the analyst consensus estimate of $1.42. Revenues from online marketing services and others rose 56% Y/Y to $5.88 billion. Also Read: Why Are Chinese Stocks Including Baidu, JD And

PDD Holdings Inc (NASDAQ:PDD) Q1 2024 Earnings Call Transcript

Operator: Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings Inc. First Quarter 2024 Earnings Conference Call.

Temu owner Pinduoduo says it has tripled its net profit in first quarter of 2024

Temu owner Pinduoduo says it has tripled its net profit in first quarter of 2024
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PDD Holdings Announces First Quarter 2024 Unaudited Financial Results

DUBLIN and SHANGHAI, May 22, 2024 PDD Holdings Inc. , today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total revenues.

PDD s stock rises after Q1 profit surges 200%, transaction services drive revenue growth

PDD's stock rises 8% premarket after non-GAAP EPS and revenues beat estimates. Read more here

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