Pinduoduo (PDD) Tops Q4 EPS by RMB 6.04, Beats on Revenue

Go back to Pinduoduo (PDD) Tops Q4 EPS by RMB 6.04, Beats on Revenue

PDD Holdings Announces Fourth Quarter 2023 and Fiscal Year 2023 Unaudited Financial Results

March 20, 2024 6:30 AM EDT

DUBLIN and SHANGHAI, March 20, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (PDD Holdings or the Company) (NASDAQ: PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2023.

Fourth Quarter 2023 Highlights

Total revenues in the quarter were RMB88,881.0 million (US$1 12,518.6 million), an increase of 123% from RMB39,820.0 million in the same quarter of 2022.Operating profit in the quarter was RMB22,395.0 million (US$3,154.3 million), an increase of 146%... More