E-commerce giant PDD reports higher profit but lower revenue in Q4

From StockTwits: 2025-03-21 00:52:00

E-commerce giant PDD Holdings, Inc. (PDD) reported higher-than-expected profit in Q4, with adjusted earnings at 20.15 yuan per ADS, beating estimates. Despite revenue climbing 24% to 110.61 billion yuan, it fell short of expectations. Shares rose 4% to $130.92, the highest in a month. PDD faces challenges in the Chinese market due to weak consumer spending. Beijing’s efforts to boost citizen incomes may help. Online marketing revenue rose 17% to 57.01 billion yuan. Retail sentiment on Stocktwits is bullish, with message volume up 900%. Some users caution that Thursday’s rally could be a “bull trap”. PDD shares are up 38.7% year to date. ($1 = 7.24 Chinese yuan)



Read more at StockTwits: Temu-Owner PDD Shares Rise Despite Q4 Revenue Miss; Retail Investors Smell Bull Trap