Temu owner PDD sees slower growth in Q4 revenue
Published on: 2025-03-21
category: أعمال
PDD, the parent company of e-commerce platform Temu, released its unaudited fourth-quarter financial results on Thursday, reporting total revenue of RMB 110.61 billion ($15.3 billion), up 24% from RMB 88.9 billion ($12.27 billion) in the same quarter of 2023. Despite the growth, the company missed market estimates. Why it matters: PDD’s slowing growth highlights the […]
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PDD, the parent company of e-commerce platform Temu, released its unaudited fourth-quarter financial results on Thursday, reporting total revenue of RMB 110.61 billion ($15.3 billion), up 24% from RMB 88.9 billion ($12.27 billion) in the same quarter of 2023. Despite the growth, the company missed market estimates. Why it matters: PDD’s slowing growth highlights the […]