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746 PDD Holdings Reports Continued Growth Slowdown

The Information
Ann Gehan @ The Information · 08/25/2025 16:55 EDT

PDD Holdings Reports Continued Growth Slowdown

Temu’s parent company PDD Holdings reported on Monday that its revenue growth slowed again in the second quarter, with executives citing “intense competition” as a reason for the slowdown. The period also coincided with the elimination of an import duty loophole that had allowed Temu to flourish ...

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