Temu Parent PDD Holdings Reports 7% Revenue Growth Despite Tariffs
Summary
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with exec...
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with executives saying the company is investing in “long-term impact.” PDD Holdings' revenue grew 7% year over year during the quarter to reach about 104 billion yuan ($14.