Temu-owner PDD reports Q4 revenue up 24% YoY to ~$15.3B, below est., and net income up 18% YoY to ~$3.8B, amid intensifying domestic competition and US tariffs (Luz Ding/Bloomberg) 20-03-2025

Luz Ding / Bloomberg:
Temu-owner PDD reports Q4 revenue up 24% YoY to ~$15.3B, below est., and net income up 18% YoY to ~$3.8B, amid intensifying domestic competition and US tariffs — The e-commerce company reported revenue of 110.6 billion yuan ($15.3 billion) for the December quarter. Net income was up 18% to 27.4 billion yuan.