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Temu owner’s shares rise as results beat estimates despite tumbling profits

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

Temu owner’s shares rise as results beat estimates despite tumbling profits

Published August 24, 2026 · Category: Finance

Overview

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

Source

Originally published at www.marketwatch.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.