Temu-owner PDD Holdings posts 9% jump in quarterly revenue

Reuters

2025/11/18

Nov 18 (Reuters) - China's PDD Holdings PDD.O reported a 9% jump in quarterly revenue on Tuesday, in a sign the value-focused e-commerce firm's moves to slash prices and offer steep discounts were bolstering demand in its home market.

The Temu owner reported revenue of 108.28 billion yuan ($15.23 billion) in the third quarter ended September 30, compared with the 108.41 billion yuan average of 15 analyst estimates compiled by LSEG.

($1 = 7.1111 Chinese yuan renminbi)

(Reporting by Deborah Sophia in Bengaluru; Editing by Leroy Leo and Kevin Buckland)

((DeborahMary.Sophia@thomsonreuters.com;))

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Editing by Leroy Leo and Kevin Buckland)</p><p> ((DeborahMary.Sophia@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1251922891.USD","symbol_name":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251118:nL4N3WU0NH:1","article_id":"2584793505","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584793505","pubTimestamp":1763462123,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Temu-owner PDD Holdings posts 9% jump in quarterly revenueNov 18  - China's PDD Holdings PDD.O reported a 9% jump in quarterly revenue on Tuesday, in a sign the value-focused e-commerce firm's moves to slash prices and offer steep discounts were bolstering demand in its home market. 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