PDD posted 24% revenue growth in Q4 2024, marking its slowest pace since 2022 with strong profitability offset by rising costs from Temu’s global push and growing regulatory scrutiny.
PDD Q4: strong profits, slowing growth, and…
PDD posted 24% revenue growth in Q4 2024, marking its slowest pace since 2022 with strong profitability offset by rising costs from Temu’s global push and growing regulatory scrutiny.