Merchant Experience EnhancementPDD Holdings demonstrated a commitment to enhancing merchant experience, with online marketing services and other revenue rising by 24.3%, and transaction services revenue growing by 71.5% year over year to RMB50.0bn.
Overseas ExpansionOverseas expansion is a key growth driver with the launch of Temu in North America, leveraging social commerce expertise to attract price-sensitive consumers.
Platform Ecosystem DevelopmentGuided to invest firmly to drive a healthier and more sustainable platform ecosystem, management aims to lay a more solid foundation for healthy and sustainable long-term development.