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PDD — PDD Holdings News Story

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PDD Holdings falls as quarterly revenue misses estimates

** Shares of discount e-commerce company PDD Holdings PDD.O fall 1.6% to $97.50 premarket

** Co reports Q4 revenue of 123.91 billion yuan ($17.96 billion), vs. analysts' avg. estimate of 124.4 billion yuan - data compiled by LSEG

** Q4 net income falls 11% to 24.54 billion yuan from 27.45 billion yuan in the same period last year

** Up to last close, stock has fallen 13.5% so far this year

($1 = 6.8986 Chinese yuan renminbi)

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))

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