Temu-owner PDD Holdings beats profit expectations, outlook uncertain
By Reuters Published November 18, 2025 China’s PDD Holdings beat forecasts on Tuesday with a 14% rise in third-quarter adjusted earnings, a sign that the e-commerce group’s steep discounts and heavy marketing spending bolstered demand in its home market. -Reuters – Temu Adjusted earnings per share of 21.08 yuan ($2.97) topped analysts’ average forecast of…


