PDD (NasdaqGS:PDD) Q3 2025 Earnings Call November 18, 2025 07:30 AM ET Company ParticipantsChen Lei - Chairman and Co-CEOCheng Peng - Head of Investor RelationsJiazhen Zhao - Executive Director and Co-CEOXinyi Lin - Investor RelationsConference Call ParticipantsAlicia Yap - AnalystKenneth Fong - AnalystJoyce Chu - AnalystOperatorLadies and gentlemen, thank you for standing by and welcome to the PDD Holdings Third Quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. ...