PDD的2025年第3季度收入增长9%,达到15.2B美元,收入估计数猛增,但缺少收入预测,导致其存量在增长关切和竞争加剧的情况下下降。 PDD's Q3 2025 revenue rose 9% to $15.2B, beating earnings estimates but missing revenue forecasts, causing its stock to drop amid growth concerns and rising competition.

PDD Holdings报告说,2025年第三季度的结果显示,收入增长9%,达到152亿美元,略低于估计数,每套ADS经调整的收入为2.96美元,高于预期。 PDD Holdings reported third-quarter 2025 results showing 9% revenue growth to $15.2 billion, slightly below estimates, and adjusted earnings per ADS of $2.96, above expectations. 尽管预测利润暴涨,但由于对收入增长放缓、成本上升以及中国和全球市场竞争加剧的关切,股价在市场前贸易中下降了3.3%至4%。 Despite profit beating forecasts, the stock dropped 3.3%–4% in premarket trading due to concerns over slowing revenue growth, rising costs, and intensified competition in China and global markets. Temu面临来自美国最低限度豁免的结束以及欧洲和法国加强监管监督的挑战,而PDD的国内商业则与消费者情绪疲软相争。 Temu faces challenges from the end of the U.S. de minimis exemption and increased regulatory scrutiny in Europe and France, while PDD’s domestic business contends with weak consumer sentiment. 该公司警告说,在对平台可持续性和商家支持进行持续投资的同时,金融波动还在持续。 The company warned of ongoing financial volatility amid continued investments in platform sustainability and merchant support.