PDD Holdings Beats Q2 Earnings Expectations

PDD Holdings reported Q2 2026 adjusted earnings of RMB19.33 (US$2.85) per ADS, beating analyst consensus of RMB18.35 by 5.3% — its first positive surprise of 2026, per Investing.com (August 24). This follows a Q1 net income drop of 15% year-over-year. Whether the decline has reversed requires GAAP net income figures not yet available in verified reporting.