PDD Holdings reports Q1 adjusted EPS $2.83, consensus $1.42

Reports Q1 revenue $12.02B, consensus $10.65B. “We are committed to offering a trustworthy shopping environment for our users around the world,” said Lei Chen, Chairman and Co-Chief Executive Officer of PDD Holdings. “We will keep focusing on growing our long-term intrinsic value through investing in initiatives that bring sustainable impacts to our communities.” “This year is critical for us to deepen the execution of our high-quality development strategy,” said Jiazhen Zhao, Executive Director and Co-Chief Executive Officer of PDD Holdings. “We will focus our efforts on improving the overall consumer experience, strengthening our supply chain capabilities, and fostering a healthy platform ecosystem.” “In the first quarter, we continued our investment in key areas critical to our high-quality development strategy,” said Jun Liu, VP of Finance of PDD Holdings. “Rather than focusing on short-term results, we prioritize long-term value creation and remain committed to further deepening our investments in the future.”