Pinduoduo Shares Plunge Following Quarterly Earnings Report

Pinduoduo’s stock experienced a dramatic selloff after the e-commerce giant released quarterly results that revealed a significant growth slowdown, triggering intense market reaction.

The company reported total revenue of $15.2 billion for the third quarter of 2025, representing a mere 9% year-over-year increase. This marks the slowest growth pace in Pinduoduo’s history as a former high-flyer in the e-commerce sector. While adjusted net profit climbed 14% to 31.38 billion yuan and earnings per share of 21.08 yuan exceeded projections, the overall revenue of 108.28 billion yuan fell short of market expectations.

Most concerning to investors was the performance of the core online marketing business, where revenue expansion slowed to just 8% compared to 13% growth in Read more...