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Business & Economics

Temu Parent PDD Holdings Reveals Mixed Q4 Results

Sourcing Journal
Summary
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81% Informative

PDD saw Q4 2024 revenue of 110.6 billion RMB ( $15.3 billion ) up 24 percent year on year .

Analysts had projected PDD ’s revenue would come in closer to $15.5 billion .

Q4 is the second consecutive quarter that PDD missed analyst expectations.

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