PDD Holdings reported RMB 108 billion in revenue for Q3 2025, with growth under pressure due to intense competition and a challenging global environment. The company remains committed to long-term value creation and supporting its merchant ecosystem.

• Revenue of RMB 108 billion reflects ongoing headwinds in the e-commerce sector.
• Launched a $100 billion support program to aid merchants and enhance brand recognition.
• Focus on improving customer experiences through continued product innovation and service upgrades.
• Navigating increased regulatory challenges in global markets while emphasizing long-term strategic initiatives.
• Committed to maintaining intrinsic value and societal contributions as the company enters its next decade.