Aug 25 (Reuters) - E-commerce firm PDD Holdings PDD.O beat market estimates for quarterly revenue on Monday, signaling a rebound in domestic demand and improved growth in its international business despite global trade uncertainties.
The company, which operates low-cost platforms Pinduoduo in China and Temu internationally, reported revenue of 103.98 billion yuan ($14.53 billion) during the second quarter ended June, up 7% from a year earlier. Analysts on average were expecting revenue of 103.34 billion yuan, according to data compiled by LSEG.
($1 = 7.1561 Chinese yuan renminbi)
(Reporting by Deborah Sophia in Bengaluru and Casey Hall in Shanghai; Editing by Murali Anantharaman and Shilpi Majumdar)
((DeborahMary.Sophia@thomsonreuters.com))
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