07:07 AM EDT, 08/26/2024 (MT Newswires) -- PDD Holdings ( PDD ) reported Q2 non-GAAP earnings Monday of 23.24 Chinese renminbi ($3.20) per diluted American depositary share, up from 10.47 renminbi a year earlier.

Analysts polled by Capital IQ expected 20.02 renminbi.

Revenue for the quarter ended June 30 was 97.06 billion renminbi, up from 52.28 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 100.1 million renminbi.

PDD Holdings ( PDD ) fell over 13% in recent premarket activity Monday.

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