The Business of Fashion

Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow

PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% following intensifying domestic competition and elevated US tariffs on Chinese products.

Mar 20, 2025 - 15:08
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Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew a less-than-anticipated 24% following intensifying domestic competition and elevated US tariffs on Chinese products.
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