US-listed PDD, which runs Temu and Pinduoduo, reports Q1 revenue up 131% YoY to ~$12B and operating profit up 275% YoY to ~$3.6B, as global expansion gains pace (Sarah Zheng/Bloomberg)

Sarah Zheng / Bloomberg:
US-listed PDD, which runs Temu and Pinduoduo, reports Q1 revenue up 131% YoY to ~$12B and operating profit up 275% YoY to ~$3.6B, as global expansion gains pace  —  - The upstart Chinese player beats most results expectations  — PDD remains upbeat on the outlook for Chinese consumption

Posted from: this blog via Microsoft Power Automate.

Do your Amazon shopping through this link.