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<Results>PDD 4Q25 NP, Rev. Miss; Yet Stock Price Still Soars 4.6%
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Pinduoduo (PDD.US) announced its results for 4Q25. The net profit dipped by 11% YoY to RMB24.541 billion, with EPS at RMB16.51, adjusted to RMB17.69, which was worse than the street consensus of RMB20.76. Revenue added 12% YoY to RMB123.9 billion, slightly below the street consensus of RMB124.4 billion.

Pinduoduo's Co-CEO Chen Lei remarked during the earnings call with analysts that trade policies, tax regimes, data regulations, product compliance requirements, and other regulatory frameworks in various countries and regions are undergoing massive changes, inevitably wreaking greater challenges and uncertainties, Reuters reported.

Related NewsLoan Prime Rate 1Y for March 2026 in China is 3.00%, unchanged from its last period. The forecast was 3%.
Spurred by the reposting of the commentary article "The Food Delivery War Should End" by China's State Administration for Market Regulation, Pinduoduo's stock price spiked 4.6% overnight (25th), closing at USD102.61.
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