PDD Holdings (PDD) has released an update.
PDD Holdings Inc. has reported a substantial growth in its first quarter of 2024, with total revenues and net income increasing by 131% and 246% respectively, compared to the same quarter in the previous year. The remarkable financial performance is attributed to significant gains in online marketing and transaction services, with a strategic focus on long-term intrinsic value and sustainable community impacts. The company also emphasized continued investment in initiatives essential for quality development and consumer experience enhancement.
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