PDD Holdings Inc (PDD) reports an 11% revenue increase, driven by transaction services, while facing net income and profit margin declines.
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PDD (NASDAQ:PDD) Holdings reported first-quarter 2026 revenue of RMB 106.2 billion, up 11% from a year earlier, as management emphasized a multiyear push to deepen supply chain investments and expand a new first-party brand business. On the company’s earnings call, Co-Chairman and Co-Chief Executiv
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