Bloomberg:

US-listed PDD, which runs Temu and Pinduoduo, reports Q2 revenue up 86% YoY to ~$13.6B, below ~$14B est., and net income up 144% YoY to ~$4.5B, vs. $3.8B est.  —  The Chinese-owned e-commerce platform reported revenue of 97.1 billion yuan ($13.6 billion) in the June quarter, versus the average analyst estimate of 100 billion yuan.

Bloomberg:

US-listed PDD, which runs Temu and Pinduoduo, reports Q2 revenue up 86% YoY to ~$13.6B, below ~$14B est., and net income up 144% YoY to ~$4.5B, vs. $3.8B est.  —  The Chinese-owned e-commerce platform reported revenue of 97.1 billion yuan ($13.6 billion) in the June quarter, versus the average analyst estimate of 100 billion yuan.

Source: TechMeme
Source Link: http://www.techmeme.com/240826/p10#a240826p10