Revenue for 2025 reached RMB431.8 billion.
Net income decreased by 12% compared to the previous year.
The report highlights challenges faced by the company in the current market.
Briefing: PDD Holdings (PDD) Reports 2025 Revenue of RMB431.8B; Net Income Falls 12%
Strategic angle: PDD Holdings announces its financial results for 2025, revealing a significant revenue figure but a decline in net income.