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Temu-owner PDD tops quarterly revenue estimates, margin squeeze continues

Upworthy Monday, 25 August 2025 ()
By Deborah Mary Sophia and Casey Hall (Reuters) -E-commerce firm PDD Holdings, which operates low-cost platforms Pinduoduo in China and Temu internationally, easily beat market estimates for quarterly revenue on Monday, although net profit fell due to investments to ward off intensifying…
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