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Posted: 2025-05-27 13:26:35 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-27 13:27:06 UTC
Verified By
Rollup News
Pinduoduo's profits have almost halved, and revenue growth has slowed to the lowest level in three years. In the first quarter of 2025, revenue increased by 10% year-on-year to 95.67 billion yuan, lower than market expectations and the slowest growth rate in three years. Net profit fell by 47% year-on-year to 14.74 billion yuan, far lower than FactSet's expected 26.125 billion yuan.
Profit decline
Revenue growth slowdown
Stock market drop
Slower revenue growth
Decreased net profit
Falling stock prices