拼多多 20250825 PDD Holdings' "Hundred Billion Support Program" led to moderated revenue growth and a 21% year-over-year decline in operating profit for Q2 2025, prioritizing long-term ecosystem value creation. The "10 Billion Fee Reduction Initiative" since August 2024 provided significant savings for merchants, enabling innovation and a wider selection of high-quality products. Logistics support initiatives reduced shipping costs to remote areas by up to 40%, increasing order numbers and injecting new energy ...