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Temu-owner PDD Holdings posts 9% jump in quarterly revenue
Reuters· 2025-11-18 10:37
Core Insights - PDD Holdings experienced a 9% increase in quarterly revenue, indicating that its strategies to reduce prices and provide significant discounts are effectively driving demand in its home market [1] Company Summary - The revenue growth of 9% suggests a positive response from consumers to the company's value-focused e-commerce approach [1] Industry Summary - The results reflect broader trends in the e-commerce sector, where price sensitivity and discounting are becoming critical factors for attracting consumers [1]