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The company posted a Q2 EPS of CNY 10.47 ($1 = CNY 7.2930) per share, surpassing the average analyst estimate by CNY 3.17. Additionally, the revenue for the quarter amounted to CNY 52.28 billion, easily exceeding the consensus estimate of CNY 43.36B.
PDD generated revenues of CNY 37.93B from online marketing services and other sources, which exceeded the estimated value of CNY 32.07B. Additionally, the revenue from transaction services amounted to CNY 14.35B, surpassing the consensus of CNY 11.14B.
“Technology serves as a pivotal driving force of sustainable, high-quality development,” said Mr. Lei Chen, chairman and co-chief executive officer of PDD Holdings. “We remain unwaveringly committed to leveraging our resources and technology background to spearhead innovation, champion digital inclusion and generate a positive impact on society at large.”
