Key Operations
As of August 25, 2026
Q2
Total Revenue
RMB 112.4B
Divisions
Online Marketing Services and Others
51.3%
Transaction Services
48.7%
Key Earnings Driver: Transaction Services
PDD Holdings’ Q2 revenue increased 8% year over year to RMB112.4 billion, primarily due to higher Transaction Services revenue, which increased 13% to RMB54.7 billion. Online Marketing Services and Others increased 3.4% year over year and rebounded 15.4% sequentially in Q2. CEO Lei Chen said “global trade and regulatory landscapes continued to evolve, creating significant challenges while also presenting new opportunities”.
Key Operating Metrics¹
METRIC
STATUS
Transaction Services
🟢 Scaling
Online Marketing Services and Others
🟢 Scaling
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from PDD Holdings website and/or SEC filings for Q2, with status based on reported data.