On July 30, PDD Holdings Inc rose 3.1% in regular trading, trading at 88.52 USD/share, with turnover of 3.9 billion USD.

On the news front, the company's strategic initiatives are rapidly materializing on multiple fronts. PDD's Xiong'an subsidiary has seen its headcount surpass 2,000 employees, with peak single-day onboarding exceeding 200 people, suggesting the 5,000-hire plan for the coming year may be completed ahead of schedule. Simultaneously, the company completed the acquisition of the entire DBS Bank Tower in Shanghai's Lujiazui district for 3.3 billion yuan, securing key office assets in both Shanghai and Xiong'an.

PDD's Xiong'an operations focus on core digital economy functions including big data processing, digital operations and maintenance, and cloud platform services. The company's dual growth engine strategy — combining domestic operations with overseas platform Temu — continues to support valuation recovery expectations.

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