Why $PDD is down 15% pre-market after reporting +152% EPS Y/Y growth?

Why $PDD Holdings Inc(PDD)$ is down 15% pre-market after reporting +152% EPS Y/Y growth?

Mr. Lei Chen, Chairman and Co-CEO recognizes recent progress but sees future challenges as well as accepts potential short-term profitability decline:

“While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,”

''We are prepared to accept short-term sacrifices and potential decline in profitability.''

Ms. Jun Liu, VP of Finance outlines that the revenue growth has slowed and is expected to face further pressure. Profitability may be affected due to ongoing investment and competition:

“In the past quarter, our revenue growth rate slowed quarter-on-quarter. Looking ahead, revenue growth will inevitably face pressure due to intensified competition and external challenges,”

“Profitability will also likely to be impacted as we continue to invest resolutely.”

US-China Dialogue: Is a Spring Coming for China Stocks?

On the 16th, Trump stated that the US and China working together could solve all the world's problems. He made this remark during a press conference at Mar-a-Lago in Florida. "China and the US can solve all the world's problems together. Think about it, it's important," Trump said. Following the news, both Hong Kong and Chinese stocks saw slight gains. Do you believe in a bullish New Year rally for Chinese stocks?

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He made this remark during a press conference at Mar-a-Lago in Florida. \"China and the US can solve all the world's problems together. Think about it, it's important,\" Trump said.\nFollowing the news, both Hong Kong and Chinese stocks saw slight gains. Do you believe in a bullish New Year rally for Chinese stocks?","image":"https://community-static.tradeup.com/news/277f3722b689cde4571a80decdd32ce2"}],"images":[],"coverImages":[],"title":"Why $PDD is down 15% pre-market after reporting +152% EPS Y/Y growth? ","html":"<html><head></head><body>Why <a data-mention-id=\"PDD\" class=\"teditor-mention\" data-mention-name=\"PDD Holdings Inc\" href=\"https://ttm.financial/S/PDD\">$PDD Holdings Inc(PDD)$</a> is down 15% pre-market after reporting +152% EPS Y/Y growth? Mr. Lei Chen, Chairman and Co-CEO recognizes recent progress but sees future challenges as well as accepts potential short-term profitability decline: “While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,” ''We are prepared to accept short-term sacrifices and potential decline in profitability.'' Ms. Jun Liu, VP of Finance outlines that the revenue growth has slowed and is expected to face further pressure. Profitability may be affected due to ongoing investment and competition: “In the past quarter, our revenue growth rate slowed quarter-on-quarter. 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Profitability may be affected due to ongoing investment and competition: “In the past quarter, our revenue growth rate slowed quarter-on-quarter. Looking ahead, revenue growth will inevitably face pressure due to intensified competition and external challenges,” “Profitability will also likely to be impacted as we continue to invest resolutely.”</body></html>","text":"Why $PDD Holdings Inc(PDD)$ is down 15% pre-market after reporting +152% EPS Y/Y growth? Mr. Lei Chen, Chairman and Co-CEO recognizes recent progress but sees future challenges as well as accepts potential short-term profitability decline: “While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead,” ''We are prepared to accept short-term sacrifices and potential decline in profitability.'' Ms. Jun Liu, VP of Finance outlines that the revenue growth has slowed and is expected to face further pressure. 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