PDD Holdings Earnings Reports

PDD Holdings delivered solid revenue growth in Q1 2025, but operating and net income declined sharply as the company prioritized strategic investments in its merchant ecosystem to bolster long-term platform sustainability.

PDD Holdings delivered robust results in Q4 2024, with total revenue reaching $15.15 billion, an increase of 24% year-over-year. The company reported net income of $3.76 billion and operating income of $3.51 billion. Non-GAAP EPS stood at $2.76 per ADS, reflecting continued growth driven by increased revenue from both transaction services and online marketing services.