PDD Holdings Q1 2026 — revenue RMB106.2B (<meta name="viewport" content="width=device-width, initial-scale=1.0" />5.4B, +11% Y/Y) on Transaction Services +20%, but net income drops 15% to RMB12.5B and non-GAAP EPS/ADS RMB9.51 misses; PDD -~8% on widening profit squeeze

5.4B, +11% Y/Y) on Transaction Services +20%, but net income drops 15% to RMB12.5B and non-GAAP EPS/ADS RMB9.51 misses; PDD -~8% on widening profit squeeze" /> 5.4B, +11% Y/Y) on Transaction Services +20%, but net income drops 15% to RMB12.5B and non-GAAP EPS/ADS RMB9.51 misses; PDD -~8% on widening profit squeeze" />

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