Temu owner’s shares rise as results beat estimates despite tumbling profits

MarketWatch•Mon, Aug 24, 2026, 12:18 PM•2 min read

PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.

Source: [MarketWatch](https://www.marketwatch.com/story/temu-owners-shares-rise-as-results-beat-estimates-despite-tumbling-profits-18cf74ea?mod=mw_rss_topstories)

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