(Bloomberg) – PDD Holdings Inc.
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The stock received 4% in New York Even E-Commerce earned an estimated income 110.6 billion yuan ($ 15.6 billion) for December quarters. Net income has climbed to the most estimated 27,4 billion yuan.
PDD results are coming at the time of higher uncertainty about their business and internationally, which helped resolve expectations. Temu is increasing in high tax rates in Chinese products and potential for tax gaps for less valuable prices. Inside PDD warned about the competition since August and predicted that its profits will be more likely to over time.
The reporting analyst of « Income should help restore market forecasts in 2025 estimates over the market for non-twenty. »
However, Thursday administrator has been challenging and said the fierce competition was affected short-term growth. They have been desired by their support for traders and efforts to encourage consumer experience.
« As mentioned in the previous quarter, investing in our ecosystem to change rapidly, » Short Executive Officer
On the other hand, competitors jd.com The government has managed to extend international needs while the country try to compensate US impact of US and achieve about 5% of the growth.
Thursday report « lack important point of major point. »
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