By Elsa Ohlen
PDD Holdings stock jumped after the parent company of retailer Temu reported quarterly earnings way ahead of expectations early Monday.
Second-quarter adjusted earnings came in at $3.08 a share on revenue of $14.5 billion, beating expectations of $2.17 a share on revenue of $14.3 billion, according to FactSet.
PDD's American depositary receipts rose nearly 12% to $141.79 in premarket trading.
Write to Elsa Ohlen at elsa.ohlen@barrons.com
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(END) Dow Jones Newswires
August 25, 2025 06:43 ET (10:43 GMT)
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