Reuters:

PDD Holdings, which owns Pinduoduo and Temu, reports Q2 revenue up 7% YoY to ~$14.53B, above est., and net income down 5% YoY to ~$4.5B, driven by discounts  —  E-commerce firm PDD Holdings (PDD.O), which operates low-cost platforms Pinduoduo in China and Temu internationally …

Reuters:

PDD Holdings, which owns Pinduoduo and Temu, reports Q2 revenue up 7% YoY to ~$14.53B, above est., and net income down 5% YoY to ~$4.5B, driven by discounts  —  E-commerce firm PDD Holdings (PDD.O), which operates low-cost platforms Pinduoduo in China and Temu internationally …

Source: TechMeme
Source Link: http://www.techmeme.com/250825/p12#a250825p12