PDD Holdings has just released its Q2 2024 financial results, showing impressive growth. Here are some key highlights:
Total revenues: RMB 97,059.5 million (approx. USD 13,355.8 million), an increase of 86% from the same quarter last year1.
Operating profit: RMB 32,564.5 million (approx. USD 4,481.0 million), up 156% year-over-year1.
Net income: RMB 32,009.4 million (approx. USD 4,404.6 million), a 144% increase from the previous year1.
Looking ahead, PDD Holdings plans to focus on high-quality development and building a sustainable ecosystem. This includes investing heavily in platform trust and safety, supporting high-quality merchants, and improving the merchant ecosystem. Definitely is good chance to buy under $100
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