• Home
  • Tags
  • Executive Report

Executive Report news and archive

Business

Temu-owner PDD Holdings' Q1 revenues accelerate

PDD Holdings, owner of Chinese discounted consumer goods company Temu, reported first quarter revenues of 86,812.1 million Chinese yuan (112,023.3 million dollars), increased 131 percent. Operating profit in the quarter was 25,973.7 million Chinese yuan (3,597.3 million dollars), an increase of 275 percent, while non-GAAP operating profit was...

loading...