Earnings ·
PDD Holdings Inc. reported unaudited financial results for the second quarter ended June 30, 2026
PDDPDD Holdings Inc.
PDD Holdings Inc. reported unaudited financial results for the second quarter ended June 30, 2026. Total revenues increased 8% year-over-year to RMB 112.4 billion (US$ 16.6 billion), driven by an 8% rise in operating profit to RMB 27.8 billion (US$ 4.1 billion). However, net income attributable to ordinary shareholders declined 12% to RMB 27.2 billion (US$ 4.0 billion) due to higher sales and marketing expenses, which rose 9% to RMB 29.7 billion. Basic earnings per ADS fell to US$ 2.85 from US$ 3.26 in the prior year period. The company operates in the global e-commerce industry.