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PDD Holdings Inc

PDD:US

Primary coverage by Jin Yoon

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Neutral

USD $120

Research

PDD: 2Q25 Results - Profitability to Fluctuate in the Coming Quarters

August 25, 2025 — Jin Yoon
PDD: 2Q25 Flash - Margins Better than Expected

August 25, 2025 — Jin Yoon
NBS: Online Retail Sales Remain Resilient in Jul

August 15, 2025 — Jin Yoon
NBS: Deceleration in Jun Partly due to Pull Forward Demand in May

July 14, 2025 — Jin Yoon
Industry Insights: Early Readthroughs to 618 Across Platforms

June 16, 2025 — Jin Yoon

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