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$PDD Q3 '25 Earnings Results & Recap
PDD reported RMB 108 billion in revenue with growth remaining under pressure, and will continue to invest back into the platform ecosystem which will affect sustained performance of revenue and net profit; financial performance in the next few quarters will continue to fluctuate. Investments in agriculture have yielded significant results with agricultural sales growing by 47% year-over-year and a rapid increase in the number of agricultural merchants.