PDD Holdings Inc. (PDD) reported third quarter net income attributable to ordinary shareholders of RMB 24.98 billion, an increase of 61% from last year. Earnings per ADS was RMB 16.91 compared with RMB 10.60. Non-GAAP net income attributable to ordinary shareholders was RMB 27.46 billion, an increase of 61%. Non-GAAP earnings per ADS was RMB 18.59 compared with RMB 11.61.
Total revenues in the quarter were RMB 99.35 billion, an increase of 44% from a year ago.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.