PDD Holdings (PDD) news

PDD Holdings Inc.: Benchmark cuts target price to $114 from $127

Benchmark Securities has reduced its price target for PDD Holdings Inc. (NasdaqGS:PDD) to $114 from $127, reflecting a more cautious outlook on the company’s near-term prospects. This adjustment follows a mixed Q1 2026 earnings report, where PDD reported 11% year-over-year revenue growth but fell…

PDD Holdings shares rise 2.6% after co beats Q2 adjusted profit estimates

PDD Holdings (NASDAQ: PDD) reported second quarter 2026 financial results, with shares rising 2.6% in early trading following the release. The company posted total revenues of RMB112.4 billion (US$16.6 billion), an 8% increase year-over-year, driven by a 13% growth in transaction services revenue…

PDD Holdings: Over medium to long term we will broaden supply of local products and expand the coverage of local fulfilment

PDD Holdings Inc. (NASDAQ: PDD) has outlined a strategic focus on expanding its local product supply and enhancing local fulfillment capabilities over the medium to long term, as part of its broader efforts to strengthen its global e-commerce infrastructure. This initiative is particularly relevant…

PDD Holdings: due to changes in EU customs duties, will have considerable impact on our cross border business in the short term - conf call

PDD Holdings Inc (NASDAQ:PDD) has acknowledged that recent changes in EU customs duties will have a considerable impact on its cross-border business in the short term, as highlighted during its Q1 2026 earnings call . The new EU Value Added Tax (VAT) rules, which came into effect on 1 July 2021,…

Pinduoduo (PDD) shares rise 2.96% in pre-market trading after reporting second-quarter adjusted net profit of 28.489 billion yuan, beating market estimates