PDD's Q4 2024 Profit Jumps 18%

MT Newswires Live

03-21

PDD's attributable profit rose 18% to 27.4 billion yuan in the fourth quarter of 2024 from 23.3 billion yuan in the year-ago period, the Chinese online retail company said Thursday.

Earnings per share increased to 4.63 yuan from 3.96 yuan in the previous year.

Revenue grew 24% to 110.6 billion yuan from 88.9 billion yuan a year earlier.

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