PDD Holdings, the parent company of Temu, reports quarterly earnings that beat analyst estimates while its revenue growth slows. In the latest period, PDD posts adjusted earnings of 19.33 yuan per share, ahead of the 18.51 yuan per share forecast, as revenue rises but comes in below expectations.
Across outlets, the main figures differ slightly by quarter or reporting period, but both describe weaker-than-expected topline performance alongside profit improvement. The Next Web says revenue grows 8% to 112.4 billion yuan and misses forecasts, while TechNode reports fourth-quarter revenue of 110.61 billion yuan, up 24% year over year, but still below market expectations. Both accounts frame this as a sign of slowing momentum for the business.
The Next Web also adds that European regulatory pressure on Temu is building, mentioning it as a factor in how the market reacts. Overall, the outlets agree on the direction of results—profit beats expectations, while revenue growth underperforms forecasts—indicating investors are weighing durability of Temu’s growth against potential regulatory and competitive pressures.
