Tracy Qu / Wall Street Journal:

Temu owner PDD reports Q4 revenue up 12% YoY to ~$18B and net profit down 11% YoY to ~$3.56B, below ~$4B est., as it seeks to retain merchants on its platform  —  The comphad cautioned that its performance could fluctuate as it rolled out support to keep merchants from defecting to other platforms

Tracy Qu / Wall Street Journal:

Temu owner PDD reports Q4 revenue up 12% YoY to ~$18B and net profit down 11% YoY to ~$3.56B, below ~$4B est., as it seeks to retain merchants on its platform  —  The comphad cautioned that its performance could fluctuate as it rolled out support to keep merchants from defecting to other platforms

Source: TechMeme
Source Link: http://www.techmeme.com/260325/p16#a260325p16