PDD Holdings Inc. (NASDAQ:PDD) is one of the best high growth low PE stocks to invest in now. PDD Holdings Inc. (NASDAQ:PDD) reported its fiscal Q2 2025 results on August 25, with total revenues for the quarter experiencing a 7% growth to RMB103.984 billion ($114.515 billion) compared to the same quarter last year.
Operating profit was RMB25.792 billion ($3.600 billion), reflecting a drop of 21% from RMB32.564 billion in the same quarter of 2024.
Non-GAAP operating profit in the quarter also decreased 21% to RMB27.747 billion ($3.873 billion).
PDD Holdings Inc. reported net income attributable to ordinary shareholders of RMB30.75 billion (US$4.293 billion), down from RMB32.009 billion in the prior year period.
PDD Holdings Inc. is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. It also has a strong logistics, sourcing, and fulfillment capabilities network that supports its operations.
The company owns Pinduoduo, a popular online commerce platform in China, and also runs the fast-growing e-commerce marketplace Temu. Temu now operates in more than 50 countries worldwide.
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This article is originally published at Insider Monkey.
