PDD Holdings Inc. (PDD) Gets Upgraded to Buy From Neutral by Nomura

The standing update came aft PDD Holdings Inc. (NASDAQ:PDD) reported unaudited fiscal results for fiscal Q4 and the afloat twelvemonth 2025 connected March 25. Total revenues for fiscal Q4 2025 were RMB123,912.2 cardinal (US$17,719.2 million), reflecting a maturation of 12% from RMB110,610.1 cardinal successful the aforesaid 4th past year. Management attributed the maturation to the summation successful revenues from online selling services and transaction services. Total revenues for the afloat twelvemonth 2025 came up to RMB431,845.7 cardinal (US$61,753.1 million), up 10% from RMB393,836.1 cardinal successful 2024, with the summation chiefly owed to the summation successful revenues from online selling services and transaction services.

PDD Holdings Inc. (NASDAQ:PDD) is simply a Chinese multinational online commerce radical and retailer that owns and operates a scope of divers businesses. It besides has a beardown logistics, sourcing, and fulfillment capabilities web that supports its operations. The institution owns Pinduoduo, a fashionable online commerce level successful China, and besides runs the fast-growing e-commerce marketplace Temu.

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