PDD Holdings Inc. (PDD) Q2 2025 Earnings Call Transcript

Summary
PDD Holdings Inc. (NASDAQ:PDD ) Q2 2025 Earnings Conference Call August 25, 2025 7:30 AM ET Company Participants Jiazhen...
PDD Holdings Inc. (NASDAQ:PDD ) Q2 2025 Earnings Conference Call August 25, 2025 7:30 AM ET Company Participants Jiazhen Zhao - Co-CEO & Executive Director Jun Liu - Vice President of Finance Lei Chen - General Counsel, Co-CEO & Chairman Conference Call Participants Alicia Yap - Citigroup Inc., Research Division Lixin Ju - BofA Securities, Research Division Thomas Chong - Jefferies LLC, Research Division Operator Ladies and gentlemen, thank you for standing by, and welcome to the PDD Holdings, Inc. Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.