Temu owner PDD gains after quarterly revenue rises

PDD Holdings

24/08/2026 12:28

** Discount e-commerce firm PDD Holdings' PDD.O shares rise ~3% to $91.10 premarket
** Co reports Q2 revenue of 112.36 billion yuan  ($16.71 billion), up from 103.99 billion yuan in the same period a year earlier 
** Q2 profit falls 12% to 27.2 billion yuan
** Up to last close, stock was down 22.1% YTD


($1 = 6.7227 Chinese yuan renminbi)

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))