By Elsa Ohlen
PDD Holdings stock jumped after the parent company of retailer Temu reported quarterly earnings way ahead of expectations early Monday.
Second-quarter adjusted earnings came in at $3.08 a share on revenue of $14.5 billion, beating expectations of $2.17 a share on revenue of $14.3 billion, according to FactSet.
PDD's American depositary receipts rose nearly 12% to $141.79 in premarket trading.
Write to Elsa Ohlen at elsa.ohlen@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
August 25, 2025 06:43 ET (10:43 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.