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.
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PDD Q4: strong profits, slowing growth, and…
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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.