06:49 AM EDT, 03/25/2026 (MT Newswires) -- PDD Holdings ( PDD ) reported Q4 non-GAAP earnings Wednesday of 17.69 Chinese renminbi ($2.56) per diluted American depositary share, down from 20.15 renminbi a year earlier.

Analysts polled by FactSet expected 20.84 renminbi.

Revenue for the quarter ended Dec. 31 was 123.91 billion renminbi, compared with 110.61 billion renminbi a year earlier.

Analysts polled by FactSet expected 124.50 billion renminbi.