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In Q4 2023, Chinese e-commerce platform PDD Holdings reported a 123% revenue increase to $12.52bn, exceeding consensus, with adjusted earnings per ADS at $2.
Chinese e-commerce platform PDD Holdings reported a 123% increase in Q4 2023 revenue to $12.52bn, compared to the consensus of $11.01bn.
Adjusted earnings per ADS increased to $2.40 from $8.34 in the previous year, beating the consensus of $1.60.
Revenues from online marketing services and others rose 57%, while transaction services revenue jumped 357%.
PDD shares gained 62% in 2022 and have increased 15.7% following the positive quarterly report.
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En el cuarto trimestre de 2023, la plataforma china de comercio electrónico PDD Holdings informó un aumento de ingresos del 123% a 12.520 millones de dólares, superando el consenso, con ganancias ajustadas por ADS de 2 dólares.