PDD announces second quarter 2026 financial results
Revenue increases 8% to RMB112.4 billion while net income drops 12%. Operating profit rises to RMB27.8 billion.
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m.pinduoduo.comLast updated
In short: PDD posted profit declines, unveiled a RMB100B brand plan, and faced fines and lawsuits
Revenue increases 8% to RMB112.4 billion while net income drops 12%. Operating profit rises to RMB27.8 billion.
Total revenue rose 11% to RMB106.2 billion, while net income fell 15% to RMB12.5 billion.
Revenues increased 12% to RMB123.9 billion in Q4 and 10% to RMB431.8 billion for the year. Operating profit rose in Q4 but fell annually. Net income declined year-over-year.
Total revenues rose 9% to RMB108,276.5 million and net income increased 17% to RMB29,328.2 million.
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