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1、PDD Holdings Announces First Quarter 2025 Unaudited Financial ResultsMay 27,2025DUBLIN and SHANGHAI,May 27,2025(GLOBE NEWSWIRE)-PDD Holdings Inc.(“PDD Holdings”or the“Company”)(NASDAQ:PDD),todayannounced its unaudited financial results for the first quarter ended March 31,2025.First Quarter 2025 Hig

2、hlightsTotal revenues in the quarter were RMB95,672.2 million(US$1 13,184.0 million),an increase of 10%from RMB86,812.1million in the same quarter of 2024.Operating profit in the quarter was RMB16,085.6 million(US$2,216.7 million),a decrease of 38%from RMB25,973.7million in the same quarter of 2024.

3、Non-GAAP2 operating profit in the quarter was RMB18,259.7 million(US$2,516.3million),a decrease of 36%from RMB28,552.2 million in the same quarter of 2024.Net income attributable to ordinary shareholders in the quarter was RMB14,741.8 million(US$2,031.5 million),adecrease of 47%from RMB27,997.8 mill

4、ion in the same quarter of 2024.Non-GAAP net income attributable to ordinaryshareholders in the quarter was RMB16,916.0 million(US$2,331.1 million),a decrease of 45%from RMB30,601.8 millionin the same quarter of 2024.“In the first quarter,we made substantial investments in our platform ecosystem to

5、support merchants and consumers amid rapid changes in theexternal environment,”said Mr.Lei Chen,Chairman and Co-Chief Executive Officer of PDD Holdings.“These investments weighed on short-termprofitability but gave merchants the room to adapt and focus on high-quality,sustainable growth,strengthenin

6、g the long-term health of the platform.”“Amid growing uncertainties,we see enhanced merchant support as essential to building a healthy merchant ecosystem that can deliver satisfactoryshopping experiences for consumers,”said Mr.Jiazhen Zhao,Executive Director and Co-Chief Executive Officer of PDD Ho