Operations
Q2 2026
Q2 Revenue
↑ 8.1% YoY
¥112.36B
Segments
Online Marketing Services and Others
51.3%
Transaction Services
48.7%
Key Earnings Driver
Transaction Services Online Marketing Services and Others revenue increased 3.4% year over year to RMB57.6B and rebounded 15.4% sequentially. Transaction Services revenue increased 13% to RMB54.7 billion.
Key Operating Metrics¹
METRIC
STATUS
Online Marketing Services and Others↑ 3.5%
Transaction Services↑ 13.3%
🟢 Scaling
Key Financial Metrics
Gross Margin
57.26%
+1.37 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
N/A
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.