PDD’s Shares Climb After Earnings Beat Soothes Worst Trade Fears

(Bloomberg) – PDD HOLDINGS INC. The shares have risen after Temu’s owner reported faster than an increase in earnings 18%, assessing the US tariffs and activating the internal competition.

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The share of New York scored 4%, although the e-commerce company reported 110.6 billion yuan than $ 15.3 billion for the quarter. Net income increased stronger than the expected 27.4 billion yuan.

PDD’s results come during uncertainty about its business, both domestic and abroad who have helped refuse expectations. Temu collides with a possible closure of tax lorofole for Chinese products and small value parcels. In Armenia, the PDD has warned of a competition since August and predict that it will leave its yield over time.

“The beat of the earnings should help restore the market trust in its 2025 profit’s profit,” said Morgan Stanley’s analysts, adding that the shares were trading only 11 times. “Market expectations are not high due to the tariff for competition at the Demami and EC.”

Still, on Thursday, the leaders admitted the growth of global uncertainty and said that the intensive competition also affected short-term growth. They reaffirmed their support to the merchants and the efforts to promote consumer experience.

“As mentioned in the previous quarter, the introduction of our significant ecosystem is combined with a rapidly changing external environment and an intensive competitive landscape, will affect short-term finances,” said President and Pan-Armenian Executive Director.

In contrast, competitors jd.com Inc. եւ Alibaba Group Holding Ltd. reported better for the December quarter when Beijing corrected such subsidies and trade stimuli to promote costs. The government has prioritized the expansion of domestic demand, as the country seeks to compensate US President Donald Trump tariffs and to reach about 5% of the growth target.

Thursday’s report “does not have any major bright spot,” said JP Morgan analysts Andre Chang and Alex Yao wrote that he cited in the income of transactions and online marketing service.