06:09 AM EST, 11/18/2025 (MT Newswires) -- PDD Holdings ( PDD ) reported Q3 adjusted earnings Tuesday of 21.08 Chinese renminbi ($2.96) per diluted American depositary share, up from 18.59 renminbi a year earlier.

Analysts polled by FactSet expected 16.59 renminbi.

Revenue for the quarter ended Sept. 30 was 108.28 billion renminbi, compared with 99.35 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 109.34 billion renminbi.

The company's shares were down 3.3% in recent premarket activity.